Meridian Wealth Management LLC Makes New Investment in Vanguard Value ETF (NYSEARCA:VTV)

Meridian Wealth Management LLC bought a new stake in shares of Vanguard Value ETF (NYSEARCA:VTV) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 108,236 shares of the company’s stock, valued at approximately $18,890,000. Vanguard Value ETF makes up 0.9% of Meridian Wealth Management LLC’s portfolio, making the stock its 15th biggest position.

A number of other large investors also recently made changes to their positions in the business. Christopher J. Hasenberg Inc purchased a new position in Vanguard Value ETF during the third quarter valued at approximately $26,000. St. Johns Investment Management Company LLC acquired a new stake in shares of Vanguard Value ETF during the 3rd quarter valued at $28,000. Innealta Capital LLC purchased a new position in shares of Vanguard Value ETF during the 2nd quarter valued at $28,000. Optimum Investment Advisors purchased a new position in shares of Vanguard Value ETF during the 2nd quarter valued at $28,000. Finally, MeadowBrook Investment Advisors LLC increased its stake in shares of Vanguard Value ETF by 111.1% in the second quarter. MeadowBrook Investment Advisors LLC now owns 190 shares of the company’s stock worth $30,000 after acquiring an additional 100 shares during the last quarter.

Vanguard Value ETF Trading Up 1.2 %

VTV opened at $178.77 on Friday. The stock has a fifty day moving average price of $175.09 and a 200 day moving average price of $167.81. Vanguard Value ETF has a 1 year low of $141.31 and a 1 year high of $180.06. The stock has a market cap of $127.50 billion, a price-to-earnings ratio of 17.44 and a beta of 0.70.

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.