Vanguard U.S. Value Factor (BATS:VFVA) Hits New 12-Month High – Here’s Why

Vanguard U.S. Value Factor (BATS:VFVA)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $160.35 and last traded at $160.35, with a volume of 15868 shares traded. The stock had previously closed at $159.12.

Vanguard U.S. Value Factor Price Performance

The firm has a market cap of $829.47 million, a P/E ratio of 11.47 and a beta of 1.03. The stock’s 50 day moving average is $149.96 and its two-hundred day moving average is $143.26.

Hedge Funds Weigh In On Vanguard U.S. Value Factor

Hedge funds have recently modified their holdings of the stock. Bank of America Corp DE grew its position in Vanguard U.S. Value Factor by 8.3% in the first quarter. Bank of America Corp DE now owns 72,987 shares of the company’s stock valued at $9,825,000 after acquiring an additional 5,573 shares during the period. Quantinno Capital Management LP lifted its holdings in shares of Vanguard U.S. Value Factor by 29.0% during the first quarter. Quantinno Capital Management LP now owns 2,199 shares of the company’s stock valued at $296,000 after acquiring an additional 494 shares during the period. Lam Group Inc. bought a new position in shares of Vanguard U.S. Value Factor during the first quarter valued at $195,000. Compass Advisory Group LLC boosted its stake in shares of Vanguard U.S. Value Factor by 8.5% in the 1st quarter. Compass Advisory Group LLC now owns 11,184 shares of the company’s stock valued at $1,505,000 after purchasing an additional 877 shares in the last quarter. Finally, Armbruster Capital Management Inc. boosted its stake in shares of Vanguard U.S. Value Factor by 0.9% in the 1st quarter. Armbruster Capital Management Inc. now owns 431,969 shares of the company’s stock valued at $58,147,000 after purchasing an additional 3,749 shares in the last quarter.

Vanguard U.S. Value Factor Company Profile

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.