Vanguard Value ETF (NYSEARCA:VTV) Reaches New 1-Year High – Time to Buy?

Vanguard Value ETF (NYSEARCA:VTV)’s share price hit a new 52-week high on Wednesday . The company traded as high as $203.17 and last traded at $202.47, with a volume of 4159815 shares. The stock had previously closed at $201.45.

Vanguard Value ETF Price Performance

The firm has a market cap of $167.10 billion, a PE ratio of 18.14 and a beta of 0.82. The stock has a 50-day moving average price of $194.12 and a 200 day moving average price of $187.40.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE raised its stake in Vanguard Value ETF by 4.4% during the third quarter. Bank of America Corp DE now owns 133,808,505 shares of the company’s stock worth $24,953,948,000 after purchasing an additional 5,667,887 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of Vanguard Value ETF by 3.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 53,966,784 shares of the company’s stock worth $10,068,563,000 after buying an additional 1,684,472 shares during the last quarter. Moneta Group Investment Advisors LLC increased its holdings in shares of Vanguard Value ETF by 79.3% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 3,229,930 shares of the company’s stock worth $602,350,000 after buying an additional 1,428,525 shares during the last quarter. Vantagepoint Investment Advisers LLC raised its position in shares of Vanguard Value ETF by 3,088.0% in the 3rd quarter. Vantagepoint Investment Advisers LLC now owns 1,202,519 shares of the company’s stock worth $224,258,000 after buying an additional 1,164,799 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in Vanguard Value ETF by 5.3% in 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 during 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.