Vanguard U.S. Value Factor (BATS:VFVA) Sets New 1-Year High – Here’s What Happened

Vanguard U.S. Value Factor (BATS:VFVA) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $145.50 and last traded at $145.50, with a volume of 488 shares changing hands. The stock had previously closed at $144.30.

Vanguard U.S. Value Factor Trading Up 0.2%

The stock has a 50-day simple moving average of $138.48 and a 200 day simple moving average of $135.46. The company has a market cap of $746.24 million, a price-to-earnings ratio of 11.47 and a beta of 1.03.

Institutional Investors Weigh In On Vanguard U.S. Value Factor

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vantagepoint Investment Advisers LLC acquired a new position in Vanguard U.S. Value Factor in the 3rd quarter worth approximately $64,640,000. Savant Capital LLC acquired a new stake in Vanguard U.S. Value Factor during the 3rd quarter valued at approximately $1,098,000. Two Sigma Securities LLC purchased a new stake in shares of Vanguard U.S. Value Factor in the 2nd quarter valued at $273,000. Atlas Capital Advisors Inc. purchased a new stake in shares of Vanguard U.S. Value Factor in the 4th quarter valued at $108,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Vanguard U.S. Value Factor in the fourth quarter worth $97,000.

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.