Vanguard Value ETF (NYSEARCA:VTV) Reaches New 12-Month High – Here’s Why

Vanguard Value ETF (NYSEARCA:VTV) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $225.23 and last traded at $225.20, with a volume of 1352283 shares. The stock had previously closed at $224.31.

Vanguard Value ETF Trading Up 0.3%

The company has a market cap of $192.07 billion, a price-to-earnings ratio of 18.14 and a beta of 0.75. The stock’s fifty day simple moving average is $218.18 and its 200 day simple moving average is $208.32.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Bank of America Corp DE raised its position in shares of Vanguard Value ETF by 1.7% during the 4th quarter. Bank of America Corp DE now owns 136,148,963 shares of the company’s stock valued at $26,003,090,000 after buying an additional 2,340,458 shares during the period. Align Financial LLC purchased a new position in shares of Vanguard Value ETF during the 4th quarter worth $2,128,845,000. LPL Financial LLC lifted its position in Vanguard Value ETF by 1.5% in the fourth quarter. LPL Financial LLC now owns 10,741,631 shares of the company’s stock valued at $2,051,544,000 after buying an additional 158,367 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of Vanguard Value ETF by 10.6% in the 4th quarter. Raymond James Financial Inc. now owns 8,759,680 shares of the company’s stock valued at $1,673,011,000 after acquiring an additional 836,994 shares during the period. Finally, Valpey Financial Services LLC lifted its holdings in shares of Vanguard Value ETF by 19,007.8% in the 4th quarter. Valpey Financial Services LLC now owns 8,389,106 shares of the company’s stock worth $1,602,235,000 after acquiring an additional 8,345,202 shares during the last quarter.

About Vanguard Value ETF

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.