VSM Wealth Advisory LLC has increased its holdings in the Vanguard Value ETF by 9.8% during the second quarter of 2023. According to the firm’s latest Form 13F filing with the Securities and Exchange Commission, VSM now owns a total of 45,076 shares after acquiring an additional 4,034 shares in the period. This investment now represents approximately 2.7% of VSM Wealth Advisory’s overall portfolio, making the Vanguard Value ETF its 14th largest position with a value of nearly $7.97 million at the end of June.
Other institutional investors have also adjusted their stakes in the Vanguard Value ETF. Notably, Activest Wealth Management increased its holdings by an impressive 2,700% during the same quarter. The firm now owns 140 shares, valued at around $25,000, after purchasing an additional 135 shares. Similarly, Kiker Wealth Management LLC initiated a new position valued at approximately $28,000, while Legend Financial Advisors Inc. acquired a stake worth around $31,000.
Furthermore, Joseph Group Capital Management and Colonial Trust Advisors also entered the market, with new positions valued at approximately $32,000 each. These adjustments reflect growing confidence among institutional investors in the Vanguard Value ETF.
Current Market Performance
As of Wednesday, the Vanguard Value ETF opened at $185.04. The fund has experienced a one-year low of $150.43 and a high of $189.97. The fifty-day simple moving average stands at $186.13, while the 200-day average is $179.77. With a market capitalization of $148.02 billion, the ETF currently holds a price-to-earnings ratio of 18.14 and a beta of 0.82, indicating its relative stability compared to the broader market.
The Vanguard Value ETF tracks the performance of the MSCI US Prime Market Value Index, employing a passive management strategy. This index comprises a diversified range of value stocks, primarily from large companies in the United States, making it an appealing option for investors seeking exposure to undervalued equities.
As institutional interest continues to grow, investors are keen to see how the Vanguard Value ETF performs in the coming quarters. For those looking to monitor the latest developments and holdings in the fund, resources such as HoldingsChannel.com offer access to up-to-date 13F filings and insider trades.
In summary, VSM Wealth Advisory’s recent increase in holdings and the interest from other institutional investors highlight a robust confidence in the Vanguard Value ETF as a strategic investment. With its strong market presence and value-oriented strategy, the ETF remains a focal point for both institutional and individual investors alike.
