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

Kovack Advisors Inc. lowered its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 3.0% in the first quarter, HoldingsChannel.com reports. The firm owned 41,608 shares of the company’s stock after selling 1,279 shares during the quarter. Vanguard Value ETF comprises 0.8% of Kovack Advisors Inc.’s holdings, making the stock its 17th largest position. Kovack Advisors Inc.’s holdings in Vanguard Value ETF were worth $6,776,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of VTV. EP Wealth Advisors LLC boosted its holdings in shares of 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 buying an additional 2,324,846 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of Vanguard Value ETF during the fourth quarter worth about $250,488,000. The Manufacturers Life Insurance Company increased its position in shares of Vanguard Value ETF by 681.8% during the third quarter. The Manufacturers Life Insurance Company now owns 691,647 shares of the company’s stock worth $95,398,000 after purchasing an additional 603,175 shares in the last quarter. Chan Zuckerberg Initiative LLC purchased a new stake in shares of Vanguard Value ETF in the 4th quarter valued at about $89,575,000. Finally, Midland Wealth Advisors LLC acquired a new stake in shares of Vanguard Value ETF in the 4th quarter valued at about $84,045,000.

Vanguard Value ETF Stock Up 0.1 %

VTV traded up $0.12 during trading on Thursday, hitting $160.47. 1,078,500 shares of the stock were exchanged, compared to its average volume of 2,159,670. Vanguard Value ETF has a 1-year low of $131.42 and a 1-year high of $163.81. The stock has a fifty day moving average price of $160.43 and a two-hundred day moving average price of $156.48. The firm has a market capitalization of $114.45 billion, a P/E ratio of 17.44 and a beta of 0.70.

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.