Kovack Advisors Inc. Has $11.64 Million Stock Position in Vanguard Value ETF $VTV

Kovack Advisors Inc. grew its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 55.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 60,968 shares of the company’s stock after purchasing an additional 21,832 shares during the quarter. Vanguard Value ETF makes up approximately 0.6% of Kovack Advisors Inc.’s holdings, making the stock its 24th biggest holding. Kovack Advisors Inc.’s holdings in Vanguard Value ETF were worth $11,644,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of VTV. Private Client Services LLC lifted its stake in shares of Vanguard Value ETF by 1.3% during the 4th quarter. Private Client Services LLC now owns 4,024 shares of the company’s stock worth $769,000 after acquiring an additional 52 shares during the last quarter. Southland Equity Partners LLC lifted its stake in shares of Vanguard Value ETF by 0.9% during the 4th quarter. Southland Equity Partners LLC now owns 5,805 shares of the company’s stock worth $1,109,000 after acquiring an additional 53 shares during the last quarter. First Commonwealth Financial Corp PA lifted its stake in shares of Vanguard Value ETF by 1.8% during the 3rd quarter. First Commonwealth Financial Corp PA now owns 3,194 shares of the company’s stock worth $596,000 after acquiring an additional 55 shares during the last quarter. Murphy & Mullick Capital Management Corp lifted its stake in shares of Vanguard Value ETF by 2.9% during the 4th quarter. Murphy & Mullick Capital Management Corp now owns 2,012 shares of the company’s stock worth $384,000 after acquiring an additional 56 shares during the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC lifted its stake in shares of Vanguard Value ETF by 1.1% during the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 5,393 shares of the company’s stock worth $1,006,000 after acquiring an additional 60 shares during the last quarter.

Vanguard Value ETF Stock Performance

Shares of VTV stock opened at $215.08 on Friday. Vanguard Value ETF has a 52-week low of $172.57 and a 52-week high of $215.90. The firm has a market capitalization of $179.47 billion, a P/E ratio of 18.14 and a beta of 0.75. The stock has a 50 day moving average price of $206.58 and a 200 day moving average price of $200.57.

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. The Index represents the value companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of predominantly large-capitalization companies in the United States equity market.