Kovack Advisors Inc. Increases Stock Holdings in Vanguard Value ETF (NYSEARCA:VTV)

Kovack Advisors Inc. increased its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 13.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 42,887 shares of the company’s stock after acquiring an additional 5,048 shares during the period. Vanguard Value ETF accounts for about 0.8% of Kovack Advisors Inc.’s holdings, making the stock its 16th biggest holding. Kovack Advisors Inc.’s holdings in Vanguard Value ETF were worth $6,412,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VTV. TIAA Trust National Association purchased a new position in shares of Vanguard Value ETF during the 3rd quarter valued at approximately $761,205,000. Charles Schwab Investment Management Inc. purchased a new position in Vanguard Value ETF in the 3rd quarter valued at $394,858,000. EP Wealth Advisors LLC lifted its holdings in Vanguard Value ETF by 3,419.2% in the 3rd quarter. EP Wealth Advisors LLC now owns 2,392,839 shares of the company’s stock valued at $330,044,000 after purchasing an additional 2,324,846 shares in the last quarter. Avantax Advisory Services Inc. lifted its holdings in Vanguard Value ETF by 464.1% in the 3rd quarter. Avantax Advisory Services Inc. now owns 2,054,484 shares of the company’s stock valued at $283,375,000 after purchasing an additional 1,690,253 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new position in Vanguard Value ETF in the 4th quarter valued at $250,488,000.

Vanguard Value ETF Trading Down 0.1 %

VTV stock traded down $0.09 during midday trading on Friday, reaching $157.91. The stock had a trading volume of 1,692,226 shares, compared to its average volume of 2,430,908. The company’s fifty day simple moving average is $158.18 and its 200 day simple moving average is $149.46. The company has a market cap of $112.62 billion, a price-to-earnings ratio of 17.38 and a beta of 0.73. Vanguard Value ETF has a 52-week low of $131.42 and a 52-week high of $163.30.

Vanguard Value ETF Profile

Vanguard Value ETF (the Fund) is an exchange-traded share class of Vanguard Value Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Value Index (the Index). The Index is a diversified index of value stocks of predominantly large United States companies.