Vanguard Value ETF Sees $1 Billion Inflow, Setting New Milestones
Today, the Vanguard Value ETF (Symbol: VTV) has emerged as a significant player among ETFs, experiencing an approximate $1.0 billion inflow. This translates to a 0.8% week-over-week increase in outstanding units, rising from 765,638,393 to 771,522,132. Major components within VTV include Walmart Inc (Symbol: WMT), which is down about 0.7%, AbbVie Inc (Symbol: ABBV), also down by approximately 0.7%, and Cisco Systems Inc (Symbol: CSCO), which has seen a decrease of around 0.5%. For a full list of VTV holdings, you can visit the VTV Holdings page.
The chart below illustrates VTV’s one-year price performance compared to its 200-day moving average:
According to the chart, VTV’s 52-week low stands at $154.12 per share, contrasting with a 52-week high of $182.38. The most recent trading price is $172.65. Analyzing the current share price against the 200-day moving average provides an additional technical analysis approach worth considering.
Exchange-traded funds (ETFs) operate similarly to stocks, but investors trade ‘units’ instead of ‘shares.’ These units can be exchanged in the market like stocks and can also be created or eliminated to meet investor demand. Each week, we track changes in shares outstanding to identify ETFs that undergo significant inflows (indicating the creation of new units) or outflows (indicating the deletion of existing units). The creation of new units necessitates purchasing the ETF’s underlying assets, while the destruction of units involves selling those same assets, which can have ripple effects on the individual components held within these funds.
Click here to identify 9 other ETFs exhibiting notable inflows.
Also see:
- Preferred Stock Premium Newsletter
- SPGI Insider Buying
- Institutional Holders of FGMC
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.