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

Commonwealth Equity Services LLC trimmed its holdings in shares of SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) by 11.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,069 shares of the company’s stock after selling 1,669 shares during the period. Commonwealth Equity Services LLC owned about 0.66% of SPDR S&P 1500 Value Tilt ETF worth $2,405,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. FMR LLC boosted its position in SPDR S&P 1500 Value Tilt ETF by 155.1% during the third quarter. FMR LLC now owns 806 shares of the company’s stock valued at $149,000 after purchasing an additional 490 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of SPDR S&P 1500 Value Tilt ETF by 5.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 28,541 shares of the company’s stock valued at $5,264,000 after buying an additional 1,402 shares during the last quarter. Truist Financial Corp increased its holdings in SPDR S&P 1500 Value Tilt ETF by 1.5% during the fourth quarter. Truist Financial Corp now owns 6,601 shares of the company’s stock worth $1,215,000 after buying an additional 97 shares during the last quarter. Ameritas Advisory Services LLC raised its position in SPDR S&P 1500 Value Tilt ETF by 6.9% during the fourth quarter. Ameritas Advisory Services LLC now owns 6,324 shares of the company’s stock worth $1,164,000 after acquiring an additional 410 shares in the last quarter. Finally, Merit Financial Group LLC lifted its stake in SPDR S&P 1500 Value Tilt ETF by 7.5% in the fourth quarter. Merit Financial Group LLC now owns 8,701 shares of the company’s stock valued at $1,601,000 after acquiring an additional 607 shares during the last quarter.

SPDR S&P 1500 Value Tilt ETF Price Performance

SPDR S&P 1500 Value Tilt ETF stock opened at $185.52 on Thursday. The company’s 50-day moving average is $189.05 and its 200-day moving average is $187.53. The firm has a market capitalization of $422.99 million, a PE ratio of 17.77 and a beta of 1.02. SPDR S&P 1500 Value Tilt ETF has a fifty-two week low of $165.96 and a fifty-two week high of $195.93.

SPDR S&P 1500 Value Tilt ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were paid a $0.9117 dividend. The ex-dividend date of this dividend 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.