Redwood Park Advisors LLC Buys New Position in Vanguard Value ETF (NYSEARCA:VTV)

Redwood Park Advisors LLC purchased a new position in Vanguard Value ETF (NYSEARCA:VTV) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 525 shares of the company’s stock, valued at approximately $89,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Roble Belko & Company Inc bought a new stake in Vanguard Value ETF during the fourth quarter valued at $25,000. SYM FINANCIAL Corp grew its holdings 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 valued at $27,000 after buying an additional 94 shares during the last quarter. OLD Point Trust & Financial Services N A purchased a new position in shares of Vanguard Value ETF during the 4th quarter worth $27,000. Synergy Asset Management LLC bought a new stake in Vanguard Value ETF in the 4th quarter valued at $31,000. Finally, Kieckhefer Group LLC purchased a new position in shares of Vanguard Value ETF during the 4th quarter worth about $32,000.

Vanguard Value ETF Trading Up 6.6 %

Shares of Vanguard Value ETF stock opened at $163.87 on Thursday. The firm’s 50 day simple moving average is $172.62 and its two-hundred day simple moving average is $174.09. Vanguard Value ETF has a 12-month low of $150.43 and a 12-month high of $182.38. The firm has a market capitalization of $260.55 billion, a price-to-earnings ratio of 19.49 and a beta of 0.83.

Vanguard Value ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a $1.013 dividend. 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.