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

Vanguard Value ETF (NYSEARCA:VTV) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $200.64 and last traded at $198.5690, with a volume of 1416993 shares traded. The stock had previously closed at $198.29.

Vanguard Value ETF Trading Up 0.1%

The stock has a market capitalization of $164.86 billion, a price-to-earnings ratio of 18.14 and a beta of 0.82. The business has a 50 day simple moving average of $193.51 and a 200-day simple moving average of $186.92.

Hedge Funds Weigh In On Vanguard Value ETF

A number of hedge funds have recently made changes to their positions in VTV. Private Client Services LLC increased its holdings in shares of Vanguard Value ETF by 1.3% during the 4th quarter. Private Client Services LLC now owns 4,024 shares of the company’s stock worth $769,000 after buying an additional 52 shares during the last quarter. Southland Equity Partners LLC grew its position in Vanguard Value ETF by 0.9% during the fourth quarter. Southland Equity Partners LLC now owns 5,805 shares of the company’s stock valued at $1,109,000 after acquiring an additional 53 shares during the period. First Commonwealth Financial Corp PA increased its stake in Vanguard Value ETF by 1.8% during the third quarter. First Commonwealth Financial Corp PA now owns 3,194 shares of the company’s stock worth $596,000 after acquiring an additional 55 shares during the last quarter. Confluence Wealth Services Inc. lifted its stake in shares of Vanguard Value ETF by 0.7% in the 2nd quarter. Confluence Wealth Services Inc. now owns 8,663 shares of the company’s stock valued at $1,531,000 after purchasing an additional 57 shares in the last quarter. Finally, Wealth Dimensions Group Ltd. grew its holdings in shares of Vanguard Value ETF by 2.0% during the 3rd quarter. Wealth Dimensions Group Ltd. now owns 2,979 shares of the company’s stock worth $556,000 after purchasing an additional 57 shares during the period.

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. 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.