Summit Financial LLC Has $39.14 Million Stock Position in Vanguard Small-Cap Value ETF (NYSEARCA:VBR)

Summit Financial LLC boosted its stake in shares of Vanguard Small-Cap Value ETF (NYSEARCA:VBR) by 8.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 197,507 shares of the company’s stock after purchasing an additional 15,203 shares during the quarter. Vanguard Small-Cap Value ETF accounts for approximately 1.4% of Summit Financial LLC’s holdings, making the stock its 12th biggest position. Summit Financial LLC owned 0.13% of Vanguard Small-Cap Value ETF worth $39,142,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Sunbelt Securities Inc. bought a new stake in shares of Vanguard Small-Cap Value ETF in the third quarter valued at about $25,000. FSA Wealth Management LLC acquired a new position in Vanguard Small-Cap Value ETF in the 3rd quarter valued at approximately $28,000. Eastern Bank bought a new stake in shares of Vanguard Small-Cap Value ETF in the 4th quarter worth approximately $32,000. Fairway Wealth LLC acquired a new stake in shares of Vanguard Small-Cap Value ETF during the 4th quarter worth approximately $33,000. Finally, FPC Investment Advisory Inc. 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 Price Performance

Shares of VBR stock opened at $185.58 on Monday. The stock has a market cap of $99.30 billion, a P/E ratio of 15.39 and a beta of 1.16. The stock has a fifty day moving average price of $197.57 and a 200 day moving average price of $201.47. Vanguard Small-Cap Value ETF has a one year low of $177.15 and a one year high of $219.01.

Vanguard Small-Cap Value ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a dividend of $1.2422 per share. This is a positive change from Vanguard Small-Cap Value ETF’s previous dividend of $1.02. The ex-dividend date is Thursday, March 27th.

About Vanguard Small-Cap Value ETF

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.