Franklin Resources Inc. Has $41.29 Million Stake in Vanguard Value ETF (NYSEARCA:VTV)

Franklin Resources Inc. lowered its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243,863 shares of the company’s stock after selling 10,624 shares during the quarter. Franklin Resources Inc.’s holdings in Vanguard Value ETF were worth $41,286,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its position in shares of Vanguard Value ETF by 3.2% during the 4th quarter. Jones Financial Companies Lllp now owns 53,858,087 shares of the company’s stock worth $9,118,174,000 after acquiring an additional 1,672,314 shares in the last quarter. LPL Financial LLC increased its stake in shares of Vanguard Value ETF by 1.6% in the 4th quarter. LPL Financial LLC now owns 9,542,614 shares of the company’s stock valued at $1,615,565,000 after purchasing an additional 154,064 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Vanguard Value ETF during the 4th quarter worth $1,288,912,000. D.A. Davidson & CO. lifted its position in shares of Vanguard Value ETF by 1.4% during the 4th quarter. D.A. Davidson & CO. now owns 5,112,238 shares of the company’s stock worth $865,502,000 after buying an additional 69,429 shares during the last quarter. Finally, RWA Wealth Partners LLC boosted its stake in Vanguard Value ETF by 1.2% in the fourth quarter. RWA Wealth Partners LLC now owns 4,912,009 shares of the company’s stock valued at $831,603,000 after buying an additional 56,140 shares in the last quarter.

Vanguard Value ETF Trading Down 5.9 %

Shares of NYSEARCA VTV opened at $156.94 on Friday. The company has a market cap of $249.53 billion, a price-to-earnings ratio of 19.49 and a beta of 0.83. Vanguard Value ETF has a 12 month low of $154.12 and a 12 month high of $182.38. The stock has a 50-day moving average price of $174.49 and a two-hundred day moving average price of $174.62.

Vanguard Value ETF Cuts Dividend

The business also recently disclosed 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.

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.