Vanguard U.S. Value Factor (BATS:VFVA) Hits New 1-Year High – Time to Buy?

Vanguard U.S. Value Factor (BATS:VFVA)’s share price reached a new 52-week high during mid-day trading on Monday. The stock traded as high as $164.07 and last traded at $163.84, with a volume of 8,159 shares. The stock had previously closed at $161.30.

Vanguard U.S. Value Factor Trading Up 2.8%

The stock has a market capitalization of $855.42 million, a PE ratio of 11.47 and a beta of 1.03. The company’s 50 day simple moving average is $157.71 and its 200 day simple moving average is $148.25.

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

Several institutional investors have recently added to or reduced their stakes in VFVA. Vantagepoint Investment Advisers LLC purchased a new position in Vanguard U.S. Value Factor during the third quarter worth approximately $79,358,000. Anderson Hoagland & Co. purchased a new stake in shares of Vanguard U.S. Value Factor during the 3rd quarter valued at $40,530,000. Bank of America Corp DE grew its stake in shares of 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 during the period. Sterling Manor Financial LLC acquired a new stake in shares of Vanguard U.S. Value Factor during the 3rd quarter worth $8,466,000. Finally, Capital Advisors Wealth Management LLC acquired a new stake in shares of Vanguard U.S. Value Factor during the 3rd quarter worth $6,493,000.

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.