Truist Financial Corp Has $575.90 Million Stock Holdings in Vanguard Value ETF (NYSEARCA:VTV)

Truist Financial Corp trimmed its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 16.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,852,201 shares of the company’s stock after selling 773,988 shares during the quarter. Vanguard Value ETF comprises approximately 0.9% of Truist Financial Corp’s investment portfolio, making the stock its 14th biggest position. Truist Financial Corp’s holdings in Vanguard Value ETF were worth $575,904,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Sugarloaf Wealth Management LLC boosted its stake in shares of Vanguard Value ETF by 945.2% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 5,132 shares of the company’s stock valued at $767,000 after purchasing an additional 4,641 shares during the last quarter. Brooklyn FI LLC lifted its holdings in shares of Vanguard Value ETF by 8.5% in the 3rd quarter. Brooklyn FI LLC now owns 2,127 shares of the company’s stock worth $293,000 after purchasing an additional 167 shares in the last quarter. Betterment LLC grew its position in Vanguard Value ETF by 1.9% in the 3rd quarter. Betterment LLC now owns 12,721,775 shares of the company’s stock valued at $1,754,714,000 after purchasing an additional 231,256 shares during the period. Savant Capital LLC increased its stake in Vanguard Value ETF by 6.4% during the 3rd quarter. Savant Capital LLC now owns 120,604 shares of the company’s stock valued at $16,635,000 after purchasing an additional 7,293 shares in the last quarter. Finally, Warwick Investment Management Inc. raised its holdings in Vanguard Value ETF by 0.9% during the third quarter. Warwick Investment Management Inc. now owns 31,032 shares of the company’s stock worth $4,280,000 after buying an additional 269 shares during the last quarter.

Vanguard Value ETF Price Performance

Shares of NYSEARCA VTV traded down $0.09 during mid-day trading on Friday, reaching $157.91. 1,692,226 shares of the company’s stock traded hands, compared to its average volume of 2,430,908. The business has a 50-day simple moving average of $158.18 and a 200 day simple moving average of $149.46. The stock has a market cap of $112.62 billion, a P/E ratio of 17.38 and a beta of 0.73. Vanguard Value ETF has a 1-year low of $131.42 and a 1-year high of $163.30.

Vanguard Value ETF Company 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.