Mission Wealth Management 13F: Cuts VTV Stake by $163M

Mission Wealth Management reduced its exposure to Vanguard Morningstar Value ETF (NYSEArca:VTV), according to a Form 13F filing filed with the SEC on October 15, 2026. The institutional investor trimmed its position in the fund during the period, though the filing only looks backward at portfolio choices made during the quarter.

In the filing, Mission Wealth Management reported owning 2,355,319 shares of Vanguard Morningstar Value ETF after selling 756,194 shares. This move marked a 24.3% decrease in its share count. At the close of the reporting period, the remaining stake carried a value of roughly $508.9 million.

Vanguard Morningstar Value ETF Stock Down 0.1%

Vanguard Morningstar Value ETF recently traded around $222.81 as of October 16, 2026. The fund's shares sit about 2.5% below their 52-week high of $228.57 and roughly 21.9% above their 52-week low of $182.81. The stock trades close to its 50-day moving average of $222.92 and about 5.6% above its 200-day moving average of $210.91.

Dividend

Vanguard Morningstar Value ETF pays an annual dividend with a recent yield of 1.93%.

About Vanguard Morningstar Value ETF

Vanguard Morningstar Value ETF is an exchange-traded fund that tracks a benchmark index of large-cap U.S. value stocks. Institutional holdings in the fund often shift as asset managers rebalance their portfolios between growth and value sectors.

Bottom Line

Investors tracking institutional sentiment should remember that Form 13F filings are historical snapshots. They show portfolio choices from past months and may not represent the fund manager's current stance today. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.