Kennicott Capital Management LLC Cuts Stake in Vanguard Value ETF (NYSEARCA:VTV)

Kennicott Capital Management LLC lowered its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 1.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,055 shares of the company’s stock after selling 403 shares during the period. Vanguard Value ETF comprises approximately 1.6% of Kennicott Capital Management LLC’s holdings, making the stock its 12th largest holding. Kennicott Capital Management LLC’s holdings in Vanguard Value ETF were worth $3,148,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in VTV. Concord Wealth Partners raised its position in Vanguard Value ETF by 106.5% during the third quarter. Concord Wealth Partners now owns 223 shares of the company’s stock valued at $31,000 after acquiring an additional 115 shares in the last quarter. Wagner Wealth Management LLC increased its position in Vanguard Value ETF by 52.9% during the fourth quarter. Wagner Wealth Management LLC now owns 208 shares of the company’s stock worth $31,000 after purchasing an additional 72 shares during the last quarter. Avion Wealth increased its position in Vanguard Value ETF by 48.3% during the fourth quarter. Avion Wealth now owns 224 shares of the company’s stock worth $33,000 after purchasing an additional 73 shares during the last quarter. Massmutual Trust Co. FSB ADV acquired a new stake in Vanguard Value ETF during the fourth quarter worth about $37,000. Finally, Albion Financial Group UT increased its position in Vanguard Value ETF by 198.3% during the third quarter. Albion Financial Group UT now owns 343 shares of the company’s stock worth $47,000 after purchasing an additional 228 shares during the last quarter.

Vanguard Value ETF Stock Up 0.7 %

Shares of VTV traded up $1.14 during trading on Tuesday, reaching $158.21. 3,211,032 shares of the company traded hands, compared to its average volume of 2,454,655. The stock has a 50-day simple moving average of $157.89 and a 200-day simple moving average of $149.19. Vanguard Value ETF has a twelve month low of $131.42 and a twelve month high of $163.30. The stock has a market cap of $112.83 billion, a PE ratio of 17.38 and a beta of 0.73.

About Vanguard Value ETF

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.