Vanguard U.S. Value Factor (BATS:VFVA) Reaches New 12-Month High – Still a Buy?

Vanguard U.S. Value Factor (BATS:VFVA)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $145.77 and last traded at $145.77, with a volume of 790 shares trading hands. The stock had previously closed at $144.74.

Vanguard U.S. Value Factor Trading Up 0.6%

The stock has a market capitalization of $753.10 million, a PE ratio of 11.47 and a beta of 1.03. The firm has a 50-day moving average price of $139.92 and a 200-day moving average price of $137.21.

Institutional Investors Weigh In On Vanguard U.S. Value Factor

Large investors have recently made changes to their positions in the business. Bank of America Corp DE boosted its stake in Vanguard U.S. Value Factor by 6,034.7% in the 3rd quarter. Bank of America Corp DE now owns 449,856 shares of the company’s stock worth $57,375,000 after purchasing an additional 442,523 shares during the period. Equitable Holdings Inc. boosted its stake in Vanguard U.S. Value Factor by 28.7% in the 3rd quarter. Equitable Holdings Inc. now owns 164,670 shares of the company’s stock worth $21,002,000 after purchasing an additional 36,760 shares during the period. RFP Financial Group LLC bought a new position in Vanguard U.S. Value Factor in the 4th quarter worth about $4,667,000. EP Wealth Advisors LLC bought a new position in Vanguard U.S. Value Factor in the 4th quarter worth about $4,463,000. Finally, Two Sigma Investments LP bought a new position in Vanguard U.S. Value Factor in the 3rd quarter worth about $1,671,000.

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.