Prime Capital Investment Advisors LLC Lowers Stake in Vanguard Value ETF (NYSEARCA:VTV)

Prime Capital Investment Advisors LLC cut its position in Vanguard Value ETF (NYSEARCA:VTV) by 1.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 725,286 shares of the company’s stock after selling 11,838 shares during the period. Vanguard Value ETF comprises 1.8% of Prime Capital Investment Advisors LLC’s portfolio, making the stock its 11th largest holding. Prime Capital Investment Advisors LLC owned approximately 0.10% of Vanguard Value ETF worth $122,791,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Roble Belko & Company Inc bought a new position in Vanguard Value ETF in the 4th quarter worth approximately $25,000. SYM FINANCIAL Corp boosted its stake in Vanguard Value ETF by 140.3% during the fourth quarter. SYM FINANCIAL Corp now owns 161 shares of the company’s stock valued at $27,000 after buying an additional 94 shares during the last quarter. OLD Point Trust & Financial Services N A bought a new stake in Vanguard Value ETF in the 4th quarter worth approximately $27,000. Synergy Asset Management LLC purchased a new stake in shares of Vanguard Value ETF during the 4th quarter worth approximately $31,000. Finally, Kieckhefer Group LLC bought a new position in shares of Vanguard Value ETF during the 4th quarter valued at approximately $32,000.

Vanguard Value ETF Stock Performance

Shares of VTV opened at $170.83 on Friday. Vanguard Value ETF has a fifty-two week low of $154.12 and a fifty-two week high of $182.38. The company’s fifty day moving average is $175.29 and its 200 day moving average is $174.69. The stock has a market capitalization of $271.62 billion, a PE ratio of 19.23 and a beta of 0.88.

Vanguard Value ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a dividend of $1.013 per share. The ex-dividend date of this dividend is Thursday, March 27th.

Vanguard Value ETF Profile

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.