Vanguard U.S. Value Factor (BATS:VFVA) Shares Down 1.4% – Here’s What Happened

Shares of Vanguard U.S. Value Factor (BATS:VFVA) fell 1.4% during trading on Wednesday . The stock traded as low as $133.21 and last traded at $133.21. 11,626 shares changed hands during mid-day trading, a decline of 22% from the average session volume of 14,897 shares. The stock had previously closed at $135.05.

Vanguard U.S. Value Factor Stock Performance

The stock’s 50-day moving average is $139.36 and its two-hundred day moving average is $132.73. The stock has a market cap of $687.36 million, a PE ratio of 11.47 and a beta of 1.03.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada raised its holdings in shares of Vanguard U.S. Value Factor by 0.8% in the 1st quarter. Royal Bank of Canada now owns 20,957 shares of the company’s stock valued at $2,389,000 after buying an additional 166 shares during the period. Flow Traders U.S. LLC acquired a new position in Vanguard U.S. Value Factor in the 2nd quarter valued at about $772,000. CoreFirst Bank & Trust increased its stake in Vanguard U.S. Value Factor by 18.7% during the second quarter. CoreFirst Bank & Trust now owns 11,141 shares of the company’s stock worth $1,318,000 after purchasing an additional 1,752 shares during the period. Menora Mivtachim Holdings LTD. increased its stake in Vanguard U.S. Value Factor by 56.7% during the second quarter. Menora Mivtachim Holdings LTD. now owns 93,013 shares of the company’s stock worth $11,003,000 after purchasing an additional 33,672 shares during the period. Finally, Bank of America Corp DE lifted its position in shares of Vanguard U.S. Value Factor by 185.4% during the second quarter. Bank of America Corp DE now owns 7,333 shares of the company’s stock worth $867,000 after purchasing an additional 4,764 shares in the last quarter.

About Vanguard U.S. Value Factor

The Vanguard U.S. Value Factor ETF (VFVA) is an exchange-traded fund that is based on the CRSP U.S. Large Cap Value index. The fund is an actively managed fund of US equities with lower share prices relative to fundamental values, as determined by the manager. The fund seeks long-term capital appreciation. VFVA was launched on Feb 13, 2018 and is managed by Vanguard.