Mountain Capital Investment Advisors Inc. Has $108.48 Million Stock Holdings in Vanguard Value ETF (NYSEARCA:VTV)

Mountain Capital Investment Advisors Inc. lifted its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 24.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 621,027 shares of the company’s stock after purchasing an additional 121,388 shares during the quarter. Vanguard Value ETF accounts for approximately 22.5% of Mountain Capital Investment Advisors Inc.’s investment portfolio, making the stock its biggest holding. Mountain Capital Investment Advisors Inc. owned 0.09% of Vanguard Value ETF worth $108,481,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its stake 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 purchasing an additional 1,672,314 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Value ETF by 1.6% in the fourth 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 in the last quarter. LPL Financial LLC increased its holdings in Vanguard Value ETF by 1.6% during the fourth quarter. LPL Financial LLC now owns 9,542,614 shares of the company’s stock worth $1,615,565,000 after buying an additional 154,064 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Vanguard Value ETF during the fourth quarter worth $1,288,912,000. Finally, Wells Fargo & Company MN lifted its stake in Vanguard Value ETF by 14.4% in the fourth quarter. Wells Fargo & Company MN now owns 7,177,299 shares of the company’s stock valued at $1,215,117,000 after acquiring an additional 901,037 shares during the last quarter.

Vanguard Value ETF Price Performance

Vanguard Value ETF stock opened at $153.67 on Wednesday. The company’s 50-day moving average is $173.16 and its 200-day moving average is $174.23. The firm has a market capitalization of $244.34 billion, a PE ratio of 19.49 and a beta of 0.83. Vanguard Value ETF has a fifty-two week low of $150.43 and a fifty-two week high of $182.38.

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 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.