Envestnet Asset Management Inc. Sells 42,004 Shares of Vanguard Small-Cap Value ETF (NYSEARCA:VBR)

Envestnet Asset Management Inc. cut its stake in Vanguard Small-Cap Value ETF (NYSEARCA:VBR) by 2.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,878,380 shares of the company’s stock after selling 42,004 shares during the quarter. Envestnet Asset Management Inc. owned about 1.24% of Vanguard Small-Cap Value ETF worth $372,257,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VBR. Sunbelt Securities Inc. bought a new position in Vanguard Small-Cap Value ETF in the third quarter worth about $25,000. Eastern Bank purchased a new position in shares of Vanguard Small-Cap Value ETF during the 4th quarter worth approximately $32,000. Fairway Wealth LLC bought a new position in shares of Vanguard Small-Cap Value ETF in the 4th quarter worth approximately $33,000. FPC Investment Advisory Inc. purchased a new position in shares of Vanguard Small-Cap Value ETF in the 4th quarter valued at approximately $37,000. Finally, Millstone Evans Group LLC bought a new stake in shares of Vanguard Small-Cap Value ETF during the fourth quarter valued at approximately $37,000.

Vanguard Small-Cap Value ETF Stock Down 4.4 %

Shares of VBR stock opened at $169.13 on Friday. The business’s fifty day moving average is $195.11 and its 200 day moving average is $200.94. The stock has a market cap of $90.50 billion, a price-to-earnings ratio of 15.20 and a beta of 1.05. Vanguard Small-Cap Value ETF has a twelve month low of $165.77 and a twelve month high of $219.01.

Vanguard Small-Cap Value ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a $1.2422 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This is an increase from Vanguard Small-Cap Value ETF’s previous dividend of $1.02.

Vanguard Small-Cap Value ETF Profile

Vanguard Small-Cap Value ETF (the Fund) is an exchange-traded share class of Vanguard Small-Cap Value Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Small Cap Value Index (the Index). The Index is a diversified index of value stocks of smaller United States companies.