Vanguard U.S. Value Factor (BATS:VFVA) Reaches New 52-Week High – Here’s Why

Vanguard U.S. Value Factor (BATS:VFVA) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $153.47 and last traded at $153.44, with a volume of 2145 shares trading hands. The stock had previously closed at $151.62.

Vanguard U.S. Value Factor Price Performance

The firm has a market cap of $801.66 million, a P/E ratio of 11.47 and a beta of 1.03. The firm’s 50 day moving average is $146.78 and its 200 day moving average is $141.54.

Institutional Trading of Vanguard U.S. Value Factor

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

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.