Vanguard Value ETF (NYSEARCA:VTV) Hits New 52-Week High – Here’s What Happened

Vanguard Value ETF (NYSEARCA:VTV)’s share price hit a new 52-week high on Tuesday . The company traded as high as $197.70 and last traded at $196.9150, with a volume of 1411 shares. The stock had previously closed at $196.90.

Vanguard Value ETF Stock Up 0.4%

The stock has a 50 day simple moving average of $190.59 and a 200 day simple moving average of $185.31. The company has a market cap of $163.75 billion, a price-to-earnings ratio of 18.14 and a beta of 0.82.

Hedge Funds Weigh In On Vanguard Value ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE boosted its stake in shares of Vanguard Value ETF by 4.4% in the third quarter. Bank of America Corp DE now owns 133,808,505 shares of the company’s stock valued at $24,953,948,000 after purchasing an additional 5,667,887 shares during the period. Jones Financial Companies Lllp boosted its position in Vanguard Value ETF by 3.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 53,966,784 shares of the company’s stock valued at $10,068,563,000 after buying an additional 1,684,472 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Value ETF by 5.3% during the third quarter. Envestnet Asset Management Inc. now owns 21,895,965 shares of the company’s stock valued at $4,083,379,000 after acquiring an additional 1,103,718 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Vanguard Value ETF by 4.5% during the third quarter. Ameriprise Financial Inc. now owns 11,112,521 shares of the company’s stock worth $2,072,160,000 after acquiring an additional 479,866 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of Vanguard Value ETF by 6.4% in the third quarter. Raymond James Financial Inc. now owns 7,922,686 shares of the company’s stock worth $1,477,502,000 after acquiring an additional 476,101 shares in the last quarter.

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. 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.