Riverchase Wealth Management LLC Acquires Shares of 13,296 Vanguard Value ETF (NYSEARCA:VTV)

Riverchase Wealth Management LLC bought a new position in shares of Vanguard Value ETF (NYSEARCA:VTV) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 13,296 shares of the company’s stock, valued at approximately $2,251,000. Vanguard Value ETF comprises approximately 1.7% of Riverchase Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding.

Other institutional investors have also recently modified their holdings of the company. Delta Financial Group Inc. purchased a new stake in Vanguard Value ETF during the 4th quarter worth approximately $8,147,000. Capital Management Associates Inc increased its position in shares of Vanguard Value ETF by 17.0% during the fourth quarter. Capital Management Associates Inc now owns 6,173 shares of the company’s stock worth $1,045,000 after purchasing an additional 897 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Vanguard Value ETF in the 4th quarter valued at $48,000. MGB Wealth Management LLC lifted its holdings in Vanguard Value ETF by 67.0% in the 4th quarter. MGB Wealth Management LLC now owns 3,006 shares of the company’s stock valued at $509,000 after purchasing an additional 1,206 shares in the last quarter. Finally, Autumn Glory Partners LLC boosted its stake in Vanguard Value ETF by 1.9% during the 4th quarter. Autumn Glory Partners LLC now owns 16,971 shares of the company’s stock worth $2,873,000 after purchasing an additional 320 shares during the last quarter.

Vanguard Value ETF Stock Down 0.8 %

Vanguard Value ETF stock opened at $172.85 on Friday. The company has a fifty day simple moving average of $175.36 and a 200-day simple moving average of $174.68. The firm has a market capitalization of $274.83 billion, a price-to-earnings ratio of 19.23 and a beta of 0.88. Vanguard Value ETF has a 52-week low of $154.12 and a 52-week high of $182.38.

Vanguard Value ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a $1.013 dividend. The ex-dividend date of this dividend 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.