Prudent Man Investment Management Inc. Invests $464,000 in Vanguard Value ETF (NYSEARCA:VTV)

Prudent Man Investment Management Inc. purchased a new stake in Vanguard Value ETF (NYSEARCA:VTV) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,739 shares of the company’s stock, valued at approximately $464,000. Vanguard Value ETF comprises 0.3% of Prudent Man Investment Management Inc.’s investment portfolio, making the stock its 15th largest position.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Delta Financial Group Inc. bought a new position in Vanguard Value ETF during the 4th quarter valued at $8,147,000. Capital Management Associates Inc lifted its stake in Vanguard Value ETF by 17.0% during the fourth quarter. Capital Management Associates Inc now owns 6,173 shares of the company’s stock worth $1,045,000 after purchasing an additional 897 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in Vanguard Value ETF during the fourth quarter valued at $48,000. MGB Wealth Management LLC lifted its position in shares of Vanguard Value ETF by 67.0% in the 4th quarter. MGB Wealth Management LLC now owns 3,006 shares of the company’s stock worth $509,000 after buying an additional 1,206 shares during the last quarter. Finally, Autumn Glory Partners LLC grew its position in shares of Vanguard Value ETF by 1.9% during the 4th quarter. Autumn Glory Partners LLC now owns 16,971 shares of the company’s stock valued at $2,873,000 after buying an additional 320 shares during the last quarter.

Vanguard Value ETF Price Performance

NYSEARCA:VTV opened at $170.83 on Monday. The firm has a market capitalization of $271.62 billion, a P/E ratio of 19.23 and a beta of 0.88. The business has a 50 day simple moving average of $175.29 and a 200 day simple moving average of $174.77. Vanguard Value ETF has a 12-month low of $154.12 and a 12-month high of $182.38.

Vanguard Value ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid 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.