Sagespring Wealth Partners LLC Invests $358,000 in Vanguard S&P 500 Value ETF (NYSEARCA:VOOV)

Sagespring Wealth Partners LLC purchased a new stake in shares of Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,939 shares of the company’s stock, valued at approximately $358,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VOOV. Raymond James Financial Inc. purchased a new position in shares of Vanguard S&P 500 Value ETF during the fourth quarter valued at approximately $43,843,000. Strategic Financial Concepts LLC bought a new stake in shares of Vanguard S&P 500 Value ETF in the 4th quarter worth $17,519,000. Avantax Advisory Services Inc. increased its stake in Vanguard S&P 500 Value ETF by 28.6% in the 4th quarter. Avantax Advisory Services Inc. now owns 340,777 shares of the company’s stock valued at $62,877,000 after buying an additional 75,886 shares during the last quarter. LPL Financial LLC increased its position in shares of Vanguard S&P 500 Value ETF by 13.7% during the fourth quarter. LPL Financial LLC now owns 578,210 shares of the company’s stock valued at $106,685,000 after acquiring an additional 69,733 shares during the last quarter. Finally, Tull Financial Group Inc. bought a new stake in shares of Vanguard S&P 500 Value ETF during the 4th quarter worth $11,642,000.

Vanguard S&P 500 Value ETF Stock Down 0.5 %

VOOV opened at $173.55 on Wednesday. Vanguard S&P 500 Value ETF has a twelve month low of $159.99 and a twelve month high of $199.72. The company’s 50-day moving average price is $183.18 and its two-hundred day moving average price is $187.99. The stock has a market cap of $4.95 billion, a price-to-earnings ratio of 21.44 and a beta of 0.93.

Vanguard S&P 500 Value ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.8556 dividend. The ex-dividend date was Tuesday, March 25th.

About Vanguard S&P 500 Value ETF

The Vanguard S&P 500 Value ETF (VOOV) is an exchange-traded fund that is based on the S&P 500 Value index. The fund tracks an index of large- and mid-cap value-style securities from the Committee-selected S&P 500. VOOV was launched on Sep 7, 2010 and is managed by Vanguard.