Vanguard Value ETF (NYSEARCA:VTV) Sets New 12-Month Low – Here’s Why

Shares of Vanguard Value ETF (NYSEARCA:VTV) hit a new 52-week low during trading on Monday . The company traded as low as $150.43 and last traded at $153.54, with a volume of 3503031 shares. The stock had previously closed at $156.94.

Vanguard Value ETF Trading Up 6.6 %

The company’s fifty day simple moving average is $172.62 and its 200 day simple moving average is $174.09. The firm has a market capitalization of $260.55 billion, a P/E 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 paid a $1.013 dividend. The ex-dividend date was Thursday, March 27th.

Institutional Investors Weigh In On Vanguard Value ETF

A number of institutional investors have recently modified their holdings of the stock. Nomura Asset Management Co. Ltd. raised its position in shares of Vanguard Value ETF by 389.3% during the third quarter. Nomura Asset Management Co. Ltd. now owns 132,600 shares of the company’s stock valued at $23,148,000 after buying an additional 105,500 shares during the last quarter. Cape Cod Five Cents Savings Bank increased its holdings in Vanguard Value ETF by 8.9% in the 3rd quarter. Cape Cod Five Cents Savings Bank now owns 3,012 shares of the company’s stock valued at $483,000 after acquiring an additional 246 shares during the last quarter. Executive Wealth Management LLC bought a new position in shares of Vanguard Value ETF in the 3rd quarter valued at about $1,571,000. M&T Bank Corp increased its stake in Vanguard Value ETF by 18.4% during the third quarter. M&T Bank Corp now owns 259,655 shares of the company’s stock worth $45,328,000 after acquiring an additional 40,381 shares during the last quarter. Finally, Brophy Wealth Management LLC purchased a new stake in Vanguard Value ETF during the third quarter valued at approximately $3,766,000.

About Vanguard Value ETF

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.