United Bank Purchases 238 Shares of Vanguard Value ETF (NYSEARCA:VTV)

United Bank raised its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 1.1% during the 4th quarter, Holdings Channel reports. The fund owned 20,974 shares of the company’s stock after purchasing an additional 238 shares during the period. Vanguard Value ETF makes up approximately 1.5% of United Bank’s investment portfolio, making the stock its 19th biggest position. United Bank’s holdings in Vanguard Value ETF were worth $3,551,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jones Financial Companies Lllp raised its holdings in Vanguard Value ETF by 3.2% during 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 buying an additional 1,672,314 shares during the period. LPL Financial LLC boosted its stake in shares of Vanguard Value ETF by 1.6% during the 4th quarter. LPL Financial LLC now owns 9,542,614 shares of the company’s stock worth $1,615,565,000 after purchasing an additional 154,064 shares during the period. Raymond James Financial Inc. bought a new position in Vanguard Value ETF during the 4th quarter valued at about $1,288,912,000. D.A. Davidson & CO. raised its position in Vanguard Value ETF by 1.4% in the 4th quarter. D.A. Davidson & CO. now owns 5,112,238 shares of the company’s stock worth $865,502,000 after purchasing an additional 69,429 shares during the period. Finally, RWA Wealth Partners LLC lifted its stake in Vanguard Value ETF by 1.2% in the fourth quarter. RWA Wealth Partners LLC now owns 4,912,009 shares of the company’s stock worth $831,603,000 after purchasing an additional 56,140 shares during the last quarter.

Vanguard Value ETF Price Performance

Shares of NYSEARCA:VTV opened at $170.83 on Friday. The business has a 50 day simple moving average of $175.29 and a two-hundred 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 capitalization of $271.62 billion, a PE ratio of 19.23 and a beta of 0.88.

Vanguard Value ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be given a $1.013 dividend. The ex-dividend date 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.