Vanguard Value ETF (NYSEARCA:VTV) Sees Large Volume Increase – Should You Buy?

Shares of Vanguard Value ETF (NYSEARCA:VTV) saw unusually-high trading volume on Thursday . Approximately 2,507,138 shares were traded during mid-day trading, an increase of 18% from the previous session’s volume of 2,131,666 shares.The stock last traded at $160.36 and had previously closed at $163.87.

Vanguard Value ETF Trading Down 4.5 %

The stock has a market cap of $248.85 billion, a price-to-earnings ratio of 19.49 and a beta of 0.83. The firm has a fifty day simple moving average of $172.62 and a 200-day simple moving average of $174.09.

Vanguard Value ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $1.013 dividend. The ex-dividend date was Thursday, March 27th.

Institutional Trading of Vanguard Value ETF

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

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.