Sequoia Financial Advisors LLC Invests $9.94 Million in Vanguard U.S. Value Factor (BATS:VFVA)

Sequoia Financial Advisors LLC purchased a new position in shares of Vanguard U.S. Value Factor (BATS:VFVA) during the fourth quarter, HoldingsChannel reports. The firm purchased 83,967 shares of the company’s stock, valued at approximately $9,940,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in shares of Vanguard U.S. Value Factor during the fourth quarter worth about $7,846,000. Parkside Financial Bank & Trust increased its stake in shares of Vanguard U.S. Value Factor by 42.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,487 shares of the company’s stock worth $294,000 after acquiring an additional 744 shares during the period. Leavell Investment Management Inc. increased its stake in shares of Vanguard U.S. Value Factor by 0.7% during the fourth quarter. Leavell Investment Management Inc. now owns 21,900 shares of the company’s stock worth $2,592,000 after acquiring an additional 150 shares during the period. Essex Financial Services Inc. increased its stake in shares of Vanguard U.S. Value Factor by 28.1% during the fourth quarter. Essex Financial Services Inc. now owns 2,168 shares of the company’s stock worth $257,000 after acquiring an additional 475 shares during the period. Finally, Lebenthal Global Advisors LLC acquired a new position in shares of Vanguard U.S. Value Factor during the fourth quarter worth about $3,055,000.

Vanguard U.S. Value Factor Trading Down 5.8 %

Shares of Vanguard U.S. Value Factor stock opened at $113.03 on Thursday. The business’s 50-day moving average price is $120.33 and its 200-day moving average price is $121.26. The firm has a market capitalization of $776.52 million, a price-to-earnings ratio of 8.86 and a beta of 1.20.

Vanguard U.S. Value Factor Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.7542 per share. This is a positive change from Vanguard U.S. Value Factor’s previous dividend of $0.59. The ex-dividend date of this dividend was Monday, December 23rd.

Vanguard U.S. Value Factor Company Profile

The Vanguard U.S. Value Factor ETF (VFVA) is an exchange-traded fund that is based on the CRSP U.S. Large Cap Value index. The fund is an actively managed fund of US equities with lower share prices relative to fundamental values, as determined by the manager. The fund seeks long-term capital appreciation.