United Bank Raises Position in Vanguard Value ETF (NYSEARCA:VTV)

United Bank lifted its stake in Vanguard Value ETF (NYSEARCA:VTV) by 1.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,974 shares of the company’s stock after purchasing an additional 238 shares during the period. Vanguard Value ETF accounts for approximately 1.5% of United Bank’s holdings, making the stock its 19th largest position. United Bank’s holdings in Vanguard Value ETF were worth $3,551,000 as of its most recent SEC filing.

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

Vanguard Value ETF Stock Performance

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 stock has a market cap of $271.62 billion, a price-to-earnings ratio of 19.23 and a beta of 0.88. The firm’s fifty day moving average is $175.29 and its 200 day moving average is $174.73.

Vanguard Value ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Investors 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.

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.