American Money Management LLC Has $750,000 Holdings in Vanguard Value ETF (NYSEARCA:VTV)

American Money Management LLC reduced its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 3.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 4,430 shares of the company’s stock after selling 151 shares during the period. American Money Management LLC’s holdings in Vanguard Value ETF were worth $750,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Vanguard Value ETF during the fourth quarter valued at $1,288,912,000. Strategic Financial Concepts LLC grew its stake in Vanguard Value ETF by 15,337.4% during the 4th quarter. Strategic Financial Concepts LLC now owns 2,549,182 shares of the company’s stock valued at $431,577,000 after acquiring an additional 2,532,669 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Vanguard Value ETF by 3.2% in the 4th 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 during the period. Lincoln National Corp purchased a new stake in shares of Vanguard Value ETF in the fourth quarter worth approximately $239,161,000. Finally, Kovitz Investment Group Partners LLC boosted its holdings in shares of Vanguard Value ETF by 3,438.5% during the third quarter. Kovitz Investment Group Partners LLC now owns 1,133,747 shares of the company’s stock worth $194,867,000 after purchasing an additional 1,101,707 shares during the period.

Vanguard Value ETF Trading Down 1.2 %

Shares of NYSEARCA:VTV opened at $170.83 on Friday. The business has a fifty day simple moving average of $175.29 and a 200 day simple moving average of $174.73. Vanguard Value ETF has a 1 year low of $154.12 and a 1 year high of $182.38. The firm has a market cap of $271.62 billion, a price-to-earnings ratio of 19.23 and a beta of 0.88.

Vanguard Value ETF Cuts Dividend

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