Vanguard U.S. Value Factor (BATS:VFVA) Trading Up 12.9% – Here’s What Happened

Vanguard U.S. Value Factor (BATS:VFVA)’s share price was up 12.9% on Tuesday . The stock traded as high as $122.65 and last traded at $135.4890. Approximately 13,543 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 25,711 shares. The stock had previously closed at $120.03.

Vanguard U.S. Value Factor Trading Up 12.9%

The stock has a 50 day simple moving average of $132.72 and a 200-day simple moving average of $127.76. The firm has a market cap of $699.12 million, a PE ratio of 11.47 and a beta of 1.03.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Burrus Financial Services Inc. increased its position in shares of Vanguard U.S. Value Factor by 3.4% in the 2nd quarter. Burrus Financial Services Inc. now owns 202,255 shares of the company’s stock valued at $23,928,000 after acquiring an additional 6,594 shares during the period. Armbruster Capital Management Inc. lifted its position in Vanguard U.S. Value Factor by 1.0% during the 3rd quarter. Armbruster Capital Management Inc. now owns 427,773 shares of the company’s stock worth $54,558,000 after acquiring an additional 4,282 shares during the period. Capital Advisors Wealth Management LLC purchased a new stake in Vanguard U.S. Value Factor during the 3rd quarter valued at about $5,301,000. Kathmere Capital Management LLC grew its stake in Vanguard U.S. Value Factor by 16.5% during the 2nd quarter. Kathmere Capital Management LLC now owns 6,077 shares of the company’s stock valued at $719,000 after purchasing an additional 862 shares during the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in shares of Vanguard U.S. Value Factor in the second quarter valued at about $42,000.

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.