Concourse Financial Group Securities Inc. Lowers Stock Holdings in Vanguard Value ETF (NYSEARCA:VTV)

Concourse Financial Group Securities Inc. cut its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 1.5% during the fourth quarter, Holdings Channel reports. The firm owned 49,091 shares of the company’s stock after selling 765 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in Vanguard Value ETF were worth $8,639,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Delta Financial Group Inc. purchased a new stake in Vanguard Value ETF during the 4th quarter worth approximately $8,147,000. Bragg Financial Advisors Inc increased its position in shares of Vanguard Value ETF by 2.6% during the fourth quarter. Bragg Financial Advisors Inc now owns 145,058 shares of the company’s stock worth $24,558,000 after acquiring an additional 3,695 shares during the period. Capital Management Associates Inc raised its stake in shares of Vanguard Value ETF by 17.0% in the fourth quarter. Capital Management Associates Inc now owns 6,173 shares of the company’s stock valued at $1,045,000 after acquiring an additional 897 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of Vanguard Value ETF in the fourth quarter valued at $48,000. Finally, MGB Wealth Management LLC grew its stake in Vanguard Value ETF by 67.0% during the 4th 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 in the last quarter.

Vanguard Value ETF Price Performance

Shares of NYSEARCA VTV opened at $161.76 on Friday. The stock’s 50-day moving average is $170.85 and its two-hundred day moving average is $173.59. The company has a market cap of $257.20 billion, a price-to-earnings ratio of 19.49 and a beta of 0.83. Vanguard Value ETF has a 1-year low of $150.43 and a 1-year high of $182.38.

Vanguard Value ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $1.013 per share. The ex-dividend date of this dividend was Thursday, March 27th.

Vanguard Value ETF 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.