Novak & Powell Financial Services Inc. Has $5.08 Million Position in Vanguard Value ETF $VTV

Novak & Powell Financial Services Inc. raised its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 38.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 27,259 shares of the company’s stock after purchasing an additional 7,530 shares during the period. Vanguard Value ETF comprises about 2.7% of Novak & Powell Financial Services Inc.’s investment portfolio, making the stock its 7th largest position. Novak & Powell Financial Services Inc.’s holdings in Vanguard Value ETF were worth $5,083,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bishop & Co Investment Management LLC lifted its stake in shares of Vanguard Value ETF by 2.1% in the third quarter. Bishop & Co Investment Management LLC now owns 279,081 shares of the company’s stock worth $52,046,000 after buying an additional 5,841 shares in the last quarter. D.A. Davidson & CO. increased its position in shares of Vanguard Value ETF by 2.8% during the third quarter. D.A. Davidson & CO. now owns 5,458,462 shares of the company’s stock valued at $1,017,949,000 after acquiring an additional 149,422 shares in the last quarter. Citigroup Inc. raised its holdings in Vanguard Value ETF by 10.7% in the 3rd quarter. Citigroup Inc. now owns 2,486,148 shares of the company’s stock worth $463,642,000 after acquiring an additional 239,518 shares during the last quarter. Financial Management Professionals Inc. lifted its position in Vanguard Value ETF by 2.1% in the 3rd quarter. Financial Management Professionals Inc. now owns 140,062 shares of the company’s stock valued at $26,252,000 after acquiring an additional 2,884 shares in the last quarter. Finally, MA Private Wealth lifted its position in Vanguard Value ETF by 4.0% in the 3rd quarter. MA Private Wealth now owns 171,502 shares of the company’s stock valued at $31,983,000 after acquiring an additional 6,518 shares in the last quarter.

Vanguard Value ETF Trading Up 0.8%

Vanguard Value ETF stock opened at $198.77 on Tuesday. Vanguard Value ETF has a 12 month low of $150.43 and a 12 month high of $208.20. The stock has a fifty day simple moving average of $201.49 and a two-hundred day simple moving average of $192.37. The firm has a market cap of $164.05 billion, a price-to-earnings ratio of 18.14 and a beta of 0.82.

Vanguard Value ETF Company 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.