Foundation Wealth Management LLC PA Makes New Investment in Vanguard Value ETF (NYSEARCA:VTV)

Foundation Wealth Management LLC PA acquired a new stake in Vanguard Value ETF (NYSEARCA:VTV) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 4,789 shares of the company’s stock, valued at approximately $811,000.

Several other large investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in shares of Vanguard Value ETF during the 4th quarter valued at about $1,288,912,000. Strategic Financial Concepts LLC increased its stake in Vanguard Value ETF by 15,337.4% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,549,182 shares of the company’s stock valued at $431,577,000 after purchasing an additional 2,532,669 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of 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 worth $9,118,174,000 after purchasing an additional 1,672,314 shares in the last quarter. Lincoln National Corp acquired a new position in Vanguard Value ETF during the 4th quarter worth approximately $239,161,000. Finally, Kovitz Investment Group Partners LLC raised its position 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 Up 0.1 %

VTV opened at $174.24 on Thursday. Vanguard Value ETF has a 1-year low of $154.12 and a 1-year high of $182.38. The company has a market cap of $277.04 billion, a price-to-earnings ratio of 19.23 and a beta of 0.88. The company’s fifty day moving average price is $175.38 and its two-hundred day moving average price is $174.69.

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 issued 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.