ETFs

Foundations Investment Advisors LLC Reduces Stake in Vanguard Value ETF

Published October 23, 2024

Foundations Investment Advisors LLC has announced a significant reduction in its investment in the Vanguard Value ETF (NYSEARCA:VTV). The firm lowered its stake by 13.9% during the third quarter, as detailed in its latest Form 13F filing with the Securities and Exchange Commission (SEC). Following the sale of 4,080 shares, Foundations Investment Advisors LLC now holds 25,214 shares of the ETF, with a total value of approximately $4,402,000 based on its most recent filing.

In addition to Foundations Investment Advisors, several other institutional investors have adjusted their positions in the Vanguard Value ETF recently. For example, Christopher J. Hasenberg Inc made a new investment in the ETF in the third quarter, valued at $26,000. Similarly, Optimum Investment Advisors and Innealta Capital LLC both acquired new stakes valued at $28,000 during the second quarter. Eagle Bay Advisors LLC also entered a new position worth $30,000 in the first quarter. Furthermore, MeadowBrook Investment Advisors LLC increased its stake by 111.1% in the second quarter, acquiring an additional 100 shares to bring its total to 190 shares, also valued at $30,000.

Current Share Performance

On Wednesday, Vanguard Value ETF shares opened at $175.84, reflecting a slight decrease of 0.2%. Over the past year, the ETF has experienced a low of $131.42 and a high of $178.18. Its market capitalization stands at $125.41 billion, with a price-to-earnings (P/E) ratio of 17.44 and a beta of 0.70. The ETF's fifty-day moving average is priced at $172.39, while the 200-day moving average stands at $165.10.

About Vanguard Value ETF

The Vanguard Value ETF is an exchange-traded share class that is part of the Vanguard Value Index Fund. This fund employs a passive investment strategy aimed at tracking the performance of the MSCI US Prime Market Value Index, which includes a wide variety of value stocks predominantly from major U.S. companies.

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