Grand Wealth Management LLC Cuts Position in Vanguard Value ETF (NYSEARCA:VTV)

Grand Wealth Management LLC lowered its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 18.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 434 shares of the company’s stock after selling 99 shares during the quarter. Grand Wealth Management LLC’s holdings in Vanguard Value ETF were worth $73,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Milestone Investment Advisors LLC increased its holdings in shares of Vanguard Value ETF by 0.3% in the 4th quarter. Milestone Investment Advisors LLC now owns 20,300 shares of the company’s stock valued at $3,437,000 after purchasing an additional 64 shares in the last quarter. Valence8 US LP increased its holdings in Vanguard Value ETF by 0.8% in the fourth quarter. Valence8 US LP now owns 97,398 shares of the company’s stock valued at $16,489,000 after buying an additional 768 shares in the last quarter. Disciplined Investors L.L.C. purchased a new position in Vanguard Value ETF in the fourth quarter valued at about $1,535,000. OneAscent Financial Services LLC acquired a new stake in shares of Vanguard Value ETF during the 4th quarter valued at approximately $2,083,000. Finally, WESCAP Management Group Inc. boosted its stake in shares of Vanguard Value ETF by 12.9% during the 4th quarter. WESCAP Management Group Inc. now owns 17,145 shares of the company’s stock worth $2,903,000 after acquiring an additional 1,959 shares in the last quarter.

Vanguard Value ETF Price Performance

NYSEARCA VTV opened at $173.28 on Thursday. The business has a 50 day moving average price of $175.10 and a 200 day moving average price of $174.78. The company has a market capitalization of $275.52 billion, a P/E ratio of 19.49 and a beta of 0.83. Vanguard Value ETF has a 1-year low of $154.12 and a 1-year high of $182.38.

Vanguard Value ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a $1.013 dividend. The ex-dividend date was Thursday, March 27th.

About Vanguard Value ETF

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.