Maridea Wealth Management LLC Makes New $4.34 Million Investment in Vanguard Value ETF (NYSEARCA:VTV)

Maridea Wealth Management LLC bought a new stake in Vanguard Value ETF (NYSEARCA:VTV) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 25,634 shares of the company’s stock, valued at approximately $4,340,000. Vanguard Value ETF accounts for about 1.4% of Maridea Wealth Management LLC’s holdings, making the stock its 16th largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. RiverFront Investment Group LLC increased its holdings in Vanguard Value ETF by 15.0% in the fourth quarter. RiverFront Investment Group LLC now owns 7,708 shares of the company’s stock valued at $1,305,000 after purchasing an additional 1,005 shares during the last quarter. Horizon Investment Services LLC raised its holdings in Vanguard Value ETF by 3.7% during the 4th quarter. Horizon Investment Services LLC now owns 4,578 shares of the company’s stock worth $775,000 after buying an additional 164 shares during the period. Riverchase Wealth Management LLC bought a new stake in Vanguard Value ETF in the 4th quarter valued at $2,251,000. Orion Portfolio Solutions LLC raised its stake in shares of Vanguard Value ETF by 2.1% in the 4th quarter. Orion Portfolio Solutions LLC now owns 461,210 shares of the company’s stock valued at $78,083,000 after purchasing an additional 9,622 shares during the period. Finally, Nomura Asset Management Co. Ltd. lifted its stake in Vanguard Value ETF by 34.5% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 178,300 shares of the company’s stock valued at $30,186,000 after acquiring an additional 45,700 shares in the last quarter.

Vanguard Value ETF Trading Down 1.2 %

Shares of VTV opened at $170.83 on Friday. The firm has a fifty day simple moving average of $175.29 and a 200 day simple moving average of $174.69. Vanguard Value ETF has a 12 month low of $154.12 and a 12 month high of $182.38. The stock 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 company also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a $1.013 dividend. The ex-dividend date is Thursday, March 27th.

Vanguard Value ETF Company 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.