Potomac Fund Management Inc. ADV Invests $611,000 in Vanguard Value ETF (NYSEARCA:VTV)

Potomac Fund Management Inc. ADV acquired a new stake in Vanguard Value ETF (NYSEARCA:VTV) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,608 shares of the company’s stock, valued at approximately $611,000.

Other large investors have also bought and sold shares of the company. Roble Belko & Company Inc bought a new stake in shares of Vanguard Value ETF in the 4th quarter valued at $25,000. SYM FINANCIAL Corp lifted its holdings in Vanguard Value ETF by 140.3% in the fourth quarter. SYM FINANCIAL Corp now owns 161 shares of the company’s stock valued at $27,000 after buying an additional 94 shares during the period. OLD Point Trust & Financial Services N A bought a new stake in Vanguard Value ETF during the fourth quarter valued at $27,000. Synergy Asset Management LLC acquired a new stake in Vanguard Value ETF during the 4th quarter worth about $31,000. Finally, Kieckhefer Group LLC bought a new position in shares of Vanguard Value ETF in the 4th quarter worth about $32,000.

Vanguard Value ETF Price Performance

Shares of NYSEARCA:VTV opened at $172.34 on Wednesday. Vanguard Value ETF has a 1 year low of $154.12 and a 1 year high of $182.38. The business’s 50-day moving average is $175.16 and its 200-day moving average is $174.79. The company has a market capitalization of $274.02 billion, a price-to-earnings 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. Shareholders of record on Thursday, March 27th were paid a $1.013 dividend. The ex-dividend date was 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.