Graney & King LLC Invests $5.36 Million in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU)

Graney & King LLC bought a new stake in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) in the 4th quarter, Holdings Channel reports. The institutional investor bought 29,106 shares of the company’s stock, valued at approximately $5,357,000. SPDR S&P 1500 Value Tilt ETF accounts for about 4.0% of Graney & King LLC’s investment portfolio, making the stock its 5th largest position.

Other institutional investors also recently bought and sold shares of the company. FMR LLC raised its holdings in shares of 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 buying an additional 490 shares during the period. Hilltop Holdings Inc. acquired a new position in shares of SPDR S&P 1500 Value Tilt ETF in the 3rd quarter worth approximately $567,000. World Investment Advisors LLC raised its holdings in shares of SPDR S&P 1500 Value Tilt ETF by 37.2% during the third quarter. World Investment Advisors LLC now owns 10,672 shares of the company’s stock worth $1,968,000 after purchasing an additional 2,892 shares during the period. JPMorgan Chase & Co. boosted its stake in SPDR S&P 1500 Value Tilt ETF by 5.2% in the third quarter. JPMorgan Chase & Co. now owns 28,541 shares of the company’s stock valued at $5,264,000 after acquiring an additional 1,402 shares during the period. Finally, Wealthcare Advisory Partners LLC acquired a new stake in SPDR S&P 1500 Value Tilt ETF in the fourth quarter worth $269,000.

SPDR S&P 1500 Value Tilt ETF Trading Down 0.1 %

Shares of NYSEARCA VLU opened at $185.87 on Wednesday. The company has a market cap of $423.78 million, a PE ratio of 17.77 and a beta of 1.02. 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 50 day simple moving average of $189.10 and a 200-day simple moving average of $187.55.

SPDR S&P 1500 Value Tilt ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 24th will be paid a dividend of $0.9117 per share. The ex-dividend date of this dividend is Monday, March 24th.

About SPDR S&P 1500 Value Tilt ETF

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.