Vanguard Value ETF (NYSEARCA:VTV) Hits New 12-Month High – Here’s Why

Vanguard Value ETF (NYSEARCA:VTV)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $219.93 and last traded at $218.03, with a volume of 2462115 shares traded. The stock had previously closed at $218.24.

Vanguard Value ETF Stock Performance

The firm has a market cap of $181.94 billion, a P/E ratio of 18.14 and a beta of 0.75. The company has a 50-day moving average of $207.83 and a 200 day moving average of $201.21.

Hedge Funds Weigh In On Vanguard Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE lifted its position in shares of Vanguard Value ETF by 1.7% during the 4th quarter. Bank of America Corp DE now owns 136,148,963 shares of the company’s stock worth $26,003,090,000 after buying an additional 2,340,458 shares during the period. Align Financial LLC acquired a new stake in Vanguard Value ETF during the 4th quarter valued at $2,128,845,000. Ameriprise Financial Inc. increased its holdings in Vanguard Value ETF by 4.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 11,112,521 shares of the company’s stock valued at $2,072,160,000 after purchasing an additional 479,866 shares in the last quarter. LPL Financial LLC increased its holdings in Vanguard Value ETF by 1.5% during the 4th quarter. LPL Financial LLC now owns 10,741,631 shares of the company’s stock valued at $2,051,544,000 after purchasing an additional 158,367 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in Vanguard Value ETF by 10.6% during the 4th quarter. Raymond James Financial Inc. now owns 8,759,680 shares of the company’s stock valued at $1,673,011,000 after purchasing an additional 836,994 shares in the last quarter.

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.