Hoey Investments Inc. Sells 2,589 Shares of Vanguard Value ETF (NYSEARCA:VTV)

Hoey Investments Inc. decreased its position in Vanguard Value ETF (NYSEARCA:VTV) by 83.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 500 shares of the company’s stock after selling 2,589 shares during the quarter. Hoey Investments Inc.’s holdings in Vanguard Value ETF were worth $85,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Alliancebernstein L.P. raised its stake in Vanguard Value ETF by 2.2% during the fourth quarter. Alliancebernstein L.P. now owns 255,967 shares of the company’s stock valued at $43,335,000 after purchasing an additional 5,510 shares in the last quarter. Prudent Man Investment Management Inc. purchased a new stake in shares of Vanguard Value ETF during the 4th quarter valued at about $464,000. Partners in Financial Planning bought a new position in shares of Vanguard Value ETF in the 4th quarter valued at about $49,868,000. United Bank grew its position in Vanguard Value ETF by 1.1% in the fourth quarter. United Bank now owns 20,974 shares of the company’s stock worth $3,551,000 after acquiring an additional 238 shares in the last quarter. Finally, Physician Wealth Advisors Inc. increased its stake in Vanguard Value ETF by 46.1% during the fourth quarter. Physician Wealth Advisors Inc. now owns 2,313 shares of the company’s stock worth $392,000 after acquiring an additional 730 shares during the last quarter.

Vanguard Value ETF Price Performance

NYSEARCA:VTV opened at $170.83 on Monday. The firm has a market capitalization of $271.62 billion, a price-to-earnings ratio of 19.23 and a beta of 0.88. The business has a 50 day simple moving average of $175.29 and a 200-day simple moving average of $174.77. Vanguard Value ETF has a 1 year low of $154.12 and a 1 year high of $182.38.

Vanguard Value ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given 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.