Commonwealth Equity Services LLC Sells 1,669 Shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

Commonwealth Equity Services LLC lessened its stake in shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 11.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,069 shares of the company’s stock after selling 1,669 shares during the period. Commonwealth Equity Services LLC’s holdings in SPDR S&P 1500 Value Tilt ETF were worth $2,405,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. FMR LLC increased its position in SPDR S&P 1500 Value Tilt ETF by 155.1% during the 3rd quarter. FMR LLC now owns 806 shares of the company’s stock valued at $149,000 after purchasing an additional 490 shares during the period. Wealthcare Advisory Partners LLC purchased a new position in SPDR S&P 1500 Value Tilt ETF during the fourth quarter valued at approximately $269,000. Global Retirement Partners LLC raised its stake in SPDR S&P 1500 Value Tilt ETF by 22.8% in the fourth quarter. Global Retirement Partners LLC now owns 1,646 shares of the company’s stock worth $303,000 after buying an additional 306 shares in the last quarter. Compass Planning Associates Inc purchased a new stake in SPDR S&P 1500 Value Tilt ETF during the fourth quarter worth $525,000. Finally, Opulen Financial Group LLC bought a new stake in SPDR S&P 1500 Value Tilt ETF during the 4th quarter valued at $537,000.

SPDR S&P 1500 Value Tilt ETF Trading Down 0.2 %

VLU opened at $185.52 on Thursday. SPDR S&P 1500 Value Tilt ETF has a 12 month low of $165.96 and a 12 month high of $195.93. The stock has a fifty day moving average price of $189.05 and a 200-day moving average price of $187.53. The firm has a market cap of $422.99 million, a price-to-earnings ratio of 17.77 and a beta of 1.02.

SPDR S&P 1500 Value Tilt ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were given a dividend of $0.9117 per share. The ex-dividend date was Monday, March 24th.

SPDR S&P 1500 Value Tilt ETF Profile

The SPDR S&P 1500 Value Tilt ETF (VLU) is an exchange-traded fund that is based on the S&P 1500 Low Valuation Tilt index. The fund tracks an index that weights securities according to a combination of fundamental factors, and aims to find those with lower prices relative to valuations. VLU was launched on Oct 24, 2012 and is managed by State Street.