JPMorgan Chase & Co. Raises Stock Position in Vanguard Value ETF (NYSEARCA:VTV)

JPMorgan Chase & Co. grew its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 5.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,471,459 shares of the company’s stock after acquiring an additional 181,914 shares during the period. JPMorgan Chase & Co. owned about 0.49% of Vanguard Value ETF worth $587,718,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp boosted its stake in Vanguard Value ETF by 3.2% in the 4th quarter. Jones Financial Companies Lllp now owns 53,858,087 shares of the company’s stock worth $9,118,174,000 after purchasing an additional 1,672,314 shares during the period. LPL Financial LLC lifted its holdings in shares of Vanguard Value ETF by 1.6% in the fourth quarter. LPL Financial LLC now owns 9,542,614 shares of the company’s stock worth $1,615,565,000 after buying an additional 154,064 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Vanguard Value ETF during the fourth quarter worth $1,288,912,000. Captrust Financial Advisors grew its stake in Vanguard Value ETF by 2.7% during the third quarter. Captrust Financial Advisors now owns 5,331,460 shares of the company’s stock valued at $930,713,000 after acquiring an additional 138,544 shares in the last quarter. Finally, D.A. Davidson & CO. increased its holdings in Vanguard Value ETF by 1.4% in the 4th quarter. D.A. Davidson & CO. now owns 5,112,238 shares of the company’s stock valued at $865,502,000 after acquiring an additional 69,429 shares during the last quarter.

Vanguard Value ETF Stock Down 1.2 %

Shares of VTV stock opened at $170.83 on Friday. The company’s fifty day simple moving average is $175.29 and its two-hundred day simple moving average is $174.69. Vanguard Value ETF has a 52 week low of $154.12 and a 52 week high of $182.38. The stock has a market cap of $271.62 billion, a P/E ratio of 19.23 and a beta of 0.88.

Vanguard Value ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid a dividend of $1.013 per share. The ex-dividend date of this dividend is Thursday, March 27th.

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.