Level Four Advisory Services LLC Decreases Stake in Vanguard Value ETF (NYSEARCA:VTV)

Level Four Advisory Services LLC lessened its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 65.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 7,780 shares of the company’s stock after selling 14,855 shares during the quarter. Level Four Advisory Services LLC’s holdings in Vanguard Value ETF were worth $1,317,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in Vanguard Value ETF during the 4th quarter valued at $1,288,912,000. Strategic Financial Concepts LLC raised its stake in shares of Vanguard Value ETF by 15,337.4% during the fourth 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 during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Vanguard Value ETF by 3.2% during the fourth 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 during the period. Lincoln National Corp bought a new stake in shares of Vanguard Value ETF in the fourth quarter worth about $239,161,000. Finally, Kovitz Investment Group Partners LLC increased its holdings in Vanguard Value ETF by 3,438.5% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,133,747 shares of the company’s stock valued at $194,867,000 after purchasing an additional 1,101,707 shares during the period.

Vanguard Value ETF Price Performance

VTV opened at $170.83 on Friday. Vanguard Value ETF has a one year low of $154.12 and a one year high of $182.38. The business has a 50 day simple moving average of $175.29 and a two-hundred day simple moving average of $174.73. The firm has a market capitalization 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 issued a dividend of $1.013 per share. 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.