Baker Boyer National Bank Reduces Stake in Vanguard Value ETF

Baker Boyer National Bank has decreased its holdings in the Vanguard Value ETF (NYSEARCA:VTV) by 13.0% during the third quarter, according to reports from Holdings Channel. Following the sale of 4,277 shares in this period, the bank now holds a total of 28,512 shares in the ETF. This investment represents approximately 1.7% of Baker Boyer National Bank's overall portfolio, making it the ninth largest holding in their investments. As per the latest filing with the SEC, the value of Baker Boyer’s holdings in the Vanguard Value ETF is estimated to be $4,977,000.

In addition to Baker Boyer National Bank, several other institutional investors have also made adjustments to their holdings in the Vanguard Value ETF. Notably, Fisher Asset Management LLC increased its stake by 17.8% in the fourth quarter, acquiring an additional 1,159 shares and now owning a total of 7,682 shares valued at $1,149,000. Furthermore, Banque Cantonale Vaudoise made a new investment in the ETF worth $223,000 during the first quarter. Similarly, Cooper Financial Group raised its holdings by 14.3%, owning 1,788 shares after buying 224 additional shares in the last quarter.

Moreover, Global Assets Advisory LLC established a new position valued at around $9,194,000 in the Vanguard Value ETF during the first quarter. Finally, CGN Advisors LLC increased its holdings by 7.4%, now owning 66,229 shares worth approximately $10,786,000 after acquiring 4,562 shares recently.

Vanguard Value ETF Performance Metrics

The Vanguard Value ETF (VTV) opened at $177.82 on Monday. Its 50-day simple moving average is recorded at $171.89, while the 200-day simple moving average stands at $164.88. Over the past year, the ETF has experienced a low of $131.42 and a high of $178.18. Currently, the stock boasts a market capitalization of $126.82 billion, a price-to-earnings (PE) ratio of 17.44, and a beta of 0.70, indicating lower volatility compared to the market average.

Understanding the Vanguard Value ETF

The Vanguard Value ETF is categorized as an exchange-traded share class of the Vanguard Value Index Fund. This fund uses a passive management strategy, aiming to replicate the performance of the MSCI US Prime Market Value Index. This index includes a diverse range of value stocks, primarily focused on large companies based in the United States.

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