Wedbush Securities Inc. Acquires 13,195 Shares of Vanguard Value ETF (NYSEARCA:VTV)

Wedbush Securities Inc. increased its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 31.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 55,395 shares of the company’s stock after purchasing an additional 13,195 shares during the period. Wedbush Securities Inc.’s holdings in Vanguard Value ETF were worth $9,378,000 as of its most recent filing with the SEC.

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

Vanguard Value ETF Stock Down 5.9 %

NYSEARCA VTV opened at $156.94 on Friday. The firm has a market capitalization of $249.53 billion, a P/E ratio of 19.49 and a beta of 0.83. The company has a 50-day moving average price of $174.49 and a 200-day moving average price of $174.62. Vanguard Value ETF has a 52 week low of $154.12 and a 52 week high of $182.38.

Vanguard Value ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $1.013 per share. 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.