Titleist Asset Management LLC Raises Stake in Vanguard Value ETF (NYSEARCA:VTV)

Titleist Asset Management LLC lifted its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 383.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 41,582 shares of the company’s stock after acquiring an additional 32,985 shares during the period. Vanguard Value ETF accounts for approximately 0.8% of Titleist Asset Management LLC’s portfolio, making the stock its 25th biggest position. Titleist Asset Management LLC’s holdings in Vanguard Value ETF were worth $7,040,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VTV. Russell Investments Group Ltd. lifted its stake in Vanguard Value ETF by 23.5% during the fourth quarter. Russell Investments Group Ltd. now owns 590,387 shares of the company’s stock worth $99,953,000 after purchasing an additional 112,340 shares in the last quarter. Hurley Capital LLC purchased a new stake in Vanguard Value ETF during the fourth quarter worth about $8,786,000. Wedbush Securities Inc. lifted its position in shares of Vanguard Value ETF by 31.3% during the fourth quarter. Wedbush Securities Inc. now owns 55,395 shares of the company’s stock worth $9,378,000 after purchasing an additional 13,195 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Vanguard Value ETF by 1.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 20,106,381 shares of the company’s stock valued at $3,404,010,000 after buying an additional 311,671 shares during the period. Finally, Perennial Investment Advisors LLC grew its position in shares of Vanguard Value ETF by 7.2% during the fourth quarter. Perennial Investment Advisors LLC now owns 39,535 shares of the company’s stock worth $6,693,000 after buying an additional 2,667 shares in the last quarter.

Vanguard Value ETF Trading Down 5.9 %

Vanguard Value ETF stock opened at $156.94 on Friday. The stock has a market cap of $249.53 billion, a P/E ratio of 19.49 and a beta of 0.83. The company has a fifty day simple moving average of $174.49 and a 200-day simple moving average of $174.63. 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 firm also recently announced 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 of this dividend 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.