Vanguard U.S. Value Factor (BATS:VFVA) Sets New 12-Month High – Time to Buy?

Shares of Vanguard U.S. Value Factor (BATS:VFVAGet Free Report) reached a new 52-week high on Monday . The stock traded as high as $156.46 and last traded at $156.46, with a volume of 7965 shares traded. The stock had previously closed at $151.91.

Vanguard U.S. Value Factor Trading Up 1.4%

The firm has a fifty day simple moving average of $148.17 and a 200-day simple moving average of $142.38. The stock has a market cap of $807.02 million, a price-to-earnings ratio of 11.47 and a beta of 1.03.

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

Several large investors have recently made changes to their positions in VFVA. Royal Bank of Canada boosted its holdings in Vanguard U.S. Value Factor by 0.8% in the first quarter. Royal Bank of Canada now owns 20,957 shares of the company’s stock valued at $2,389,000 after acquiring an additional 166 shares during the last quarter. Bank of America Corp DE raised its holdings in Vanguard U.S. Value Factor by 185.4% during the 2nd 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 last quarter. Two Sigma Securities LLC bought a new stake in Vanguard U.S. Value Factor during the 2nd quarter worth about $273,000. Visionary Wealth Advisors lifted its position in Vanguard U.S. Value Factor by 1.8% during the 2nd quarter. Visionary Wealth Advisors now owns 11,104 shares of the company’s stock valued at $1,314,000 after purchasing an additional 196 shares during the period. Finally, Equitable Holdings Inc. lifted its position in Vanguard U.S. Value Factor by 14.9% during the 2nd quarter. Equitable Holdings Inc. now owns 127,910 shares of the company’s stock valued at $15,132,000 after purchasing an additional 16,594 shares during the period.

Vanguard U.S. Value Factor Company Profile

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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.

Further Reading

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