RFP Financial Group LLC Invests $4.67 Million in Vanguard U.S. Value Factor $VFVA

RFP Financial Group LLC purchased a new position in shares of Vanguard U.S. Value Factor (BATS:VFVA) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 35,150 shares of the company’s stock, valued at approximately $4,667,000. Vanguard U.S. Value Factor comprises 2.2% of RFP Financial Group LLC’s investment portfolio, making the stock its 8th largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in VFVA. Bank of America Corp DE grew its holdings in shares of Vanguard U.S. Value Factor by 6,034.7% during the third quarter. Bank of America Corp DE now owns 449,856 shares of the company’s stock worth $57,375,000 after purchasing an additional 442,523 shares during the last quarter. Equitable Holdings Inc. grew its holdings in shares of Vanguard U.S. Value Factor by 28.7% during the third quarter. Equitable Holdings Inc. now owns 164,670 shares of the company’s stock worth $21,002,000 after purchasing an additional 36,760 shares during the last quarter. Two Sigma Investments LP bought a new stake in shares of Vanguard U.S. Value Factor during the third quarter worth about $1,671,000. Vantagepoint Investment Advisers LLC grew its holdings in shares of Vanguard U.S. Value Factor by 2.6% during the fourth quarter. Vantagepoint Investment Advisers LLC now owns 519,849 shares of the company’s stock worth $69,026,000 after purchasing an additional 13,025 shares during the last quarter. Finally, Glenmede Investment Management LP bought a new stake in shares of Vanguard U.S. Value Factor during the third quarter worth about $741,000.

Vanguard U.S. Value Factor Stock Performance

BATS:VFVA opened at $149.15 on Monday. The stock has a market cap of $769.61 million, a P/E ratio of 11.47 and a beta of 1.03. The stock’s 50-day moving average is $142.77 and its 200-day moving average is $138.82. Vanguard U.S. Value Factor has a 1-year low of $114.49 and a 1-year high of $149.59.

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.