Raymond James Financial Inc. Buys New Position in Vanguard Value ETF (NYSEARCA:VTV)

Raymond James Financial Inc. bought a new stake in Vanguard Value ETF (NYSEARCA:VTV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,613,182 shares of the company’s stock, valued at approximately $1,288,912,000. Vanguard Value ETF comprises approximately 0.5% of Raymond James Financial Inc.’s investment portfolio, making the stock its 29th biggest position. Raymond James Financial Inc. owned about 1.07% of Vanguard Value ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Roble Belko & Company Inc acquired a new position in Vanguard Value ETF in the 4th quarter valued at about $25,000. SYM FINANCIAL Corp increased its stake in shares of Vanguard Value ETF by 140.3% during the 4th quarter. SYM FINANCIAL Corp now owns 161 shares of the company’s stock valued at $27,000 after acquiring an additional 94 shares during the last quarter. Synergy Asset Management LLC acquired a new position in shares of Vanguard Value ETF during the 4th quarter valued at about $31,000. Kieckhefer Group LLC acquired a new position in shares of Vanguard Value ETF during the 4th quarter valued at about $32,000. Finally, Cardinal Strategic Wealth Guidance acquired a new position in shares of Vanguard Value ETF during the 4th quarter valued at about $34,000.

Vanguard Value ETF Price Performance

NYSEARCA VTV opened at $174.38 on Thursday. Vanguard Value ETF has a 12 month low of $154.12 and a 12 month high of $182.38. The company has a 50-day moving average of $174.62 and a 200-day moving average of $174.45. The company has a market cap of $272.03 billion, a P/E ratio of 19.87 and a beta of 0.90.

Vanguard Value ETF Profile

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.