Sequoia Financial Advisors LLC Trims Stake in Vanguard U.S. Value Factor $VFVA

Sequoia Financial Advisors LLC cut its stake in Vanguard U.S. Value Factor (BATS:VFVA) by 12.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,340 shares of the company’s stock after selling 3,624 shares during the period. Sequoia Financial Advisors LLC owned 0.51% of Vanguard U.S. Value Factor worth $3,497,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VFVA. Royal Bank of Canada lifted its stake in shares of Vanguard U.S. Value Factor by 0.8% in the 1st quarter. Royal Bank of Canada now owns 20,957 shares of the company’s stock valued at $2,389,000 after purchasing an additional 166 shares during the period. Bank of America Corp DE grew its stake in Vanguard U.S. Value Factor by 185.4% in the second quarter. Bank of America Corp DE now owns 7,333 shares of the company’s stock worth $867,000 after purchasing an additional 4,764 shares during the period. Two Sigma Securities LLC bought a new position in Vanguard U.S. Value Factor in the second quarter worth $273,000. Visionary Wealth Advisors raised its holdings in Vanguard U.S. Value Factor by 1.8% in the second quarter. Visionary Wealth Advisors now owns 11,104 shares of the company’s stock worth $1,314,000 after purchasing an additional 196 shares in the last quarter. Finally, Equitable Holdings Inc. lifted its position in Vanguard U.S. Value Factor by 14.9% during the second quarter. Equitable Holdings Inc. now owns 127,910 shares of the company’s stock valued at $15,132,000 after buying an additional 16,594 shares during the period.

Vanguard U.S. Value Factor Trading Up 0.2%

Shares of VFVA stock opened at $144.62 on Friday. The company’s fifty day moving average price is $138.48 and its 200-day moving average price is $135.46. The stock has a market cap of $746.24 million, a PE ratio of 11.47 and a beta of 1.03. Vanguard U.S. Value Factor has a 12 month low of $111.23 and a 12 month high of $145.50.

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.