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

Kovack Advisors Inc. boosted its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 13.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 42,887 shares of the company’s stock after purchasing an additional 5,048 shares during the quarter. Vanguard Value ETF comprises 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 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Jones Financial Companies Lllp grew its position in Vanguard Value ETF by 1.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 53,699,589 shares of the company’s stock valued at $7,406,784,000 after purchasing an additional 583,028 shares during the last quarter. Betterment LLC grew its position in Vanguard Value ETF by 1.9% during the 3rd quarter. Betterment LLC now owns 12,721,775 shares of the company’s stock valued at $1,754,714,000 after purchasing an additional 231,256 shares during the last quarter. Ameriprise Financial Inc. grew its position in Vanguard Value ETF by 1.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 8,423,766 shares of the company’s stock valued at $1,161,270,000 after purchasing an additional 119,948 shares during the last quarter. LPL Financial LLC grew its position in Vanguard Value ETF by 7.1% during the 3rd quarter. LPL Financial LLC now owns 8,306,355 shares of the company’s stock valued at $1,145,695,000 after purchasing an additional 549,925 shares during the last quarter. Finally, TIAA Trust National Association boosted its holdings in shares of Vanguard Value ETF by 0.5% during the 4th quarter. TIAA Trust National Association now owns 5,545,262 shares of the company’s stock valued at $829,017,000 after acquiring an additional 26,485 shares during the last quarter.

Vanguard Value ETF Stock Down 0.1 %

Shares of NYSEARCA VTV traded down $0.09 during trading on Friday, reaching $157.91. 1,692,226 shares of the company traded hands, compared to its average volume of 2,430,908. The firm has a 50 day simple moving average of $158.18 and a 200-day simple moving average of $149.46. The stock has a market capitalization of $112.62 billion, a PE 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.