Vanguard Value ETF (NYSEARCA:VTV) Reaches New 1-Year High – Here’s What Happened

Vanguard Value ETF (NYSEARCA:VTV) shares hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as $230.30 and last traded at $229.1890, with a volume of 299,078 shares trading hands. The stock had previously closed at $227.57.

Vanguard Value ETF Stock Up 1.1%

The stock has a market cap of $196.29 billion, a PE ratio of 18.14 and a beta of 0.74. The business’s fifty day moving average is $222.96 and its 200 day moving average is $212.83.

Institutional Investors Weigh In On Vanguard Value ETF

Institutional investors have recently modified their holdings of the company. Knuff & Co LLC acquired a new stake in Vanguard Value ETF in the second quarter valued at $27,000. Edgemoor Investment Advisors Inc. purchased a new position in Vanguard Value ETF during the 3rd quarter valued at about $35,000. Nvwm LLC acquired a new position in Vanguard Value ETF during the third quarter worth about $39,000. Evergreen Advisors LLC acquired a new position in Vanguard Value ETF during the first quarter worth about $40,000. Finally, Team Financial Group LLC purchased a new stake in shares of Vanguard Value ETF in the third quarter valued at about $40,000.

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.