Fortune 45 LLC Makes New Investment in Vanguard Value ETF (NYSEARCA:VTV)

Fortune 45 LLC acquired a new stake in Vanguard Value ETF (NYSEARCA:VTV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 9,058 shares of the company’s stock, valued at approximately $1,534,000. Vanguard Value ETF comprises approximately 1.0% of Fortune 45 LLC’s investment portfolio, making the stock its 13th largest position.

Several other institutional investors have also modified their holdings of VTV. Raymond James Financial Inc. bought a new stake in Vanguard Value ETF in the fourth quarter worth about $1,288,912,000. Strategic Financial Concepts LLC raised its holdings in shares of 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 worth $431,577,000 after buying an additional 2,532,669 shares during the period. Jones Financial Companies Lllp lifted its stake 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 acquiring an additional 1,672,314 shares during the last quarter. Lincoln National Corp purchased a new position in Vanguard Value ETF during the 4th quarter valued at $239,161,000. Finally, Wells Fargo & Company MN grew its position in Vanguard Value ETF by 14.4% in the 4th quarter. Wells Fargo & Company MN now owns 7,177,299 shares of the company’s stock valued at $1,215,117,000 after acquiring an additional 901,037 shares during the last quarter.

Vanguard Value ETF Stock Down 1.3 %

VTV stock opened at $153.67 on Wednesday. The business’s fifty day simple moving average is $173.16 and its two-hundred day simple moving average is $174.23. The firm has a market cap of $244.34 billion, a price-to-earnings ratio of 19.49 and a beta of 0.83. Vanguard Value ETF has a twelve month low of $150.43 and a twelve month high of $182.38.

Vanguard Value ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a $1.013 dividend. The ex-dividend date of this dividend 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.