Hennion & Walsh Asset Management Inc. Makes New $20.08 Million Investment in Vanguard Value ETF (NYSEARCA:VTV)

Hennion & Walsh Asset Management Inc. acquired a new stake in Vanguard Value ETF (NYSEARCA:VTV) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 118,596 shares of the company’s stock, valued at approximately $20,078,000. Vanguard Value ETF accounts for approximately 0.9% of Hennion & Walsh Asset Management Inc.’s investment portfolio, making the stock its 10th largest position.

Several other institutional investors have also recently modified their holdings of the company. Silver Lake Advisory LLC acquired a new stake in Vanguard Value ETF during the second quarter worth about $26,291,000. Massachusetts Financial Services Co. MA grew its position in Vanguard Value ETF by 36.7% during the second quarter. Massachusetts Financial Services Co. MA now owns 2,476 shares of the company’s stock valued at $397,000 after buying an additional 665 shares during the period. Moors & Cabot Inc. raised its position in shares of Vanguard Value ETF by 7.6% in the second quarter. Moors & Cabot Inc. now owns 11,010 shares of the company’s stock worth $1,766,000 after acquiring an additional 773 shares during the period. Pekin Hardy Strauss Inc. raised its holdings in Vanguard Value ETF by 13.5% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 3,691 shares of the company’s stock worth $592,000 after purchasing an additional 440 shares during the period. Finally, Edgestream Partners L.P. grew its holdings in Vanguard Value ETF by 316.2% in the second quarter. Edgestream Partners L.P. now owns 10,634 shares of the company’s stock valued at $1,706,000 after purchasing an additional 8,079 shares during the period.

Vanguard Value ETF Price Performance

Shares of VTV stock opened at $172.45 on Thursday. The stock has a 50 day simple moving average of $174.76 and a 200-day simple moving average of $171.34. Vanguard Value ETF has a 1-year low of $146.67 and a 1-year high of $182.38. The company has a market cap of $122.99 billion, a price-to-earnings ratio of 17.44 and a beta of 0.70.

About Vanguard Value ETF

Vanguard Value ETF (the Fund) is an exchange-traded share class of Vanguard Value Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Value Index (the Index). The Index is a diversified index of value stocks of predominantly large United States companies.