Concourse Financial Group Securities Inc. Reduces Position in Vanguard Value ETF (NYSEARCA:VTV)

Concourse Financial Group Securities Inc. lowered its stake in Vanguard Value ETF (NYSEARCA:VTV) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 49,091 shares of the company’s stock after selling 765 shares during the period. Concourse Financial Group Securities Inc.’s holdings in Vanguard Value ETF were worth $8,639,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in Vanguard Value ETF during the 4th quarter worth about $1,288,912,000. Strategic Financial Concepts LLC lifted its holdings in shares of Vanguard Value ETF by 15,337.4% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,549,182 shares of the company’s stock worth $431,577,000 after purchasing an additional 2,532,669 shares during the period. Jones Financial Companies Lllp boosted its position in Vanguard Value ETF by 3.2% in the fourth quarter. Jones Financial Companies Lllp now owns 53,858,087 shares of the company’s stock valued at $9,118,174,000 after buying an additional 1,672,314 shares during the last quarter. Lincoln National Corp acquired a new position in Vanguard Value ETF in the 4th quarter worth approximately $239,161,000. Finally, Wells Fargo & Company MN raised its position in Vanguard Value ETF by 14.4% during the 4th quarter. Wells Fargo & Company MN now owns 7,177,299 shares of the company’s stock worth $1,215,117,000 after buying an additional 901,037 shares during the last quarter.

Vanguard Value ETF Price Performance

VTV stock opened at $161.76 on Friday. The company has a market capitalization of $257.20 billion, a P/E ratio of 19.49 and a beta of 0.83. Vanguard Value ETF has a 12 month low of $150.43 and a 12 month high of $182.38. The firm’s fifty day simple moving average is $170.85 and its 200-day simple moving average is $173.59.

Vanguard Value ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a $1.013 dividend. The ex-dividend date of this dividend was Thursday, March 27th.

Vanguard Value ETF Company 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.