Vanguard Value ETF (NYSEARCA:VTV) Reaches New 52-Week High – Still a Buy?

Vanguard Value ETF (NYSEARCA:VTV)’s share price hit a new 52-week high on Friday . The stock traded as high as $190.10 and last traded at $190.2880, with a volume of 360307 shares. The stock had previously closed at $189.23.

Vanguard Value ETF Stock Performance

The stock’s fifty day simple moving average is $186.42 and its 200-day simple moving average is $180.72. The stock has a market cap of $152.37 billion, a P/E ratio of 18.14 and a beta of 0.82.

Hedge Funds Weigh In On Vanguard Value ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VTV. Bank of America Corp DE raised its stake in Vanguard Value ETF by 4.4% in the third quarter. Bank of America Corp DE now owns 133,808,505 shares of the company’s stock valued at $24,953,948,000 after purchasing an additional 5,667,887 shares in the last quarter. Jones Financial Companies Lllp grew its position in Vanguard Value ETF by 0.4% in the first quarter. Jones Financial Companies Lllp now owns 54,080,352 shares of the company’s stock valued at $9,238,953,000 after acquiring an additional 222,265 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Vanguard Value ETF by 5.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 21,895,965 shares of the company’s stock worth $4,083,379,000 after purchasing an additional 1,103,718 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Vanguard Value ETF by 4.5% during the third quarter. Ameriprise Financial Inc. now owns 11,112,521 shares of the company’s stock worth $2,072,160,000 after buying an additional 479,866 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of Vanguard Value ETF by 6.4% during the 3rd quarter. Raymond James Financial Inc. now owns 7,922,686 shares of the company’s stock valued at $1,477,502,000 after acquiring an additional 476,101 shares in the last quarter.

Vanguard Value ETF Company Profile

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.