TME Financial Inc. Purchases Shares of 13,474 Vanguard Value ETF (NYSEARCA:VTV)

TME Financial Inc. acquired a new position in shares of Vanguard Value ETF (NYSEARCA:VTV) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,474 shares of the company’s stock, valued at approximately $2,352,000. Vanguard Value ETF comprises approximately 2.2% of TME Financial Inc.’s portfolio, making the stock its 15th biggest holding.

A number of other hedge funds also recently made changes to their positions in VTV. Roble Belko & Company Inc bought a new position in Vanguard Value ETF during the 4th quarter worth approximately $25,000. SYM FINANCIAL Corp increased its position in shares of Vanguard Value ETF by 140.3% during the fourth quarter. SYM FINANCIAL Corp now owns 161 shares of the company’s stock worth $27,000 after buying an additional 94 shares during the period. OLD Point Trust & Financial Services N A bought a new position in Vanguard Value ETF during the fourth quarter worth $27,000. Synergy Asset Management LLC acquired a new position in Vanguard Value ETF in the fourth quarter valued at $31,000. Finally, Kieckhefer Group LLC acquired a new position in Vanguard Value ETF in the fourth quarter valued at $32,000.

Vanguard Value ETF Trading Up 1.4 %

Shares of Vanguard Value ETF stock opened at $161.83 on Friday. The business has a 50-day moving average price of $172.00 and a two-hundred day moving average price of $173.91. Vanguard Value ETF has a 1-year low of $150.43 and a 1-year high of $182.38. The company has a market cap of $257.31 billion, a P/E ratio of 19.49 and a beta of 0.83.

Vanguard Value ETF Cuts Dividend

The firm 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 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.