Riggs Capital Management LLC Takes $349,000 Position in Vanguard Value ETF (NYSEARCA:VTV)

Riggs Capital Management LLC bought a new position in shares of Vanguard Value ETF (NYSEARCA:VTV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,060 shares of the company’s stock, valued at approximately $349,000.

Several other hedge funds have also recently bought and sold shares of the stock. Highland Financial Advisors LLC raised its position in Vanguard Value ETF by 2.1% in the 4th quarter. Highland Financial Advisors LLC now owns 2,763 shares of the company’s stock valued at $468,000 after buying an additional 57 shares during the last quarter. Opes Wealth Management LLC grew its stake in shares of Vanguard Value ETF by 4.8% during the 4th quarter. Opes Wealth Management LLC now owns 1,266 shares of the company’s stock worth $214,000 after acquiring an additional 58 shares in the last quarter. DDD Partners LLC raised its holdings in shares of Vanguard Value ETF by 1.7% in the fourth quarter. DDD Partners LLC now owns 3,489 shares of the company’s stock valued at $591,000 after purchasing an additional 58 shares during the last quarter. WASHINGTON TRUST Co lifted its position in shares of Vanguard Value ETF by 1.0% in the fourth quarter. WASHINGTON TRUST Co now owns 6,352 shares of the company’s stock worth $1,075,000 after purchasing an additional 60 shares in the last quarter. Finally, Leonard Rickey Investment Advisors P.L.L.C. boosted its holdings in Vanguard Value ETF by 0.6% during the fourth quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 10,553 shares of the company’s stock worth $1,787,000 after purchasing an additional 62 shares during the last quarter.

Vanguard Value ETF Trading Down 1.2 %

Shares of VTV stock opened at $170.83 on Monday. The firm’s fifty day moving average price is $175.29 and its two-hundred day moving average price is $174.77. 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 P/E ratio of 19.23 and a beta of 0.88.

Vanguard Value ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a $1.013 dividend. The ex-dividend date of this dividend 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.