Vanguard Value ETF (NYSEARCA:VTV) Reaches New 52-Week High – Should You Buy?

Vanguard Value ETF (NYSEARCA:VTV)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $208.26 and last traded at $207.63, with a volume of 1511960 shares traded. The stock had previously closed at $206.52.

Vanguard Value ETF Price Performance

The stock has a 50 day moving average price of $201.01 and a 200-day moving average price of $196.29. The stock has a market capitalization of $172.76 billion, a price-to-earnings ratio of 18.14 and a beta of 0.76.

Institutional Trading of Vanguard Value ETF

A number of institutional investors have recently made changes to their positions in VTV. Brighton Jones LLC boosted its stake in shares of Vanguard Value ETF by 7.9% in the fourth quarter. Brighton Jones LLC now owns 42,618 shares of the company’s stock worth $7,215,000 after acquiring an additional 3,109 shares during the last quarter. Bison Wealth LLC lifted its position in Vanguard Value ETF by 10.7% during the fourth quarter. Bison Wealth LLC now owns 3,092 shares of the company’s stock worth $523,000 after buying an additional 298 shares in the last quarter. Millennium Management LLC acquired a new position in Vanguard Value ETF during the first quarter worth $4,052,000. United Bank boosted its stake in Vanguard Value ETF by 1.8% during the second quarter. United Bank now owns 21,435 shares of the company’s stock worth $3,788,000 after buying an additional 381 shares during the last quarter. Finally, Jump Financial LLC acquired a new position in Vanguard Value ETF during the second quarter worth $1,303,000.

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.