Vanguard U.S. Value Factor (BATS:VFVA) Hits New 12-Month High – Still a Buy?

Vanguard U.S. Value Factor (BATS:VFVA)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $145.38 and last traded at $145.38, with a volume of 1742 shares changing hands. The stock had previously closed at $144.01.

Vanguard U.S. Value Factor Price Performance

The stock has a market cap of $738.29 million, a P/E ratio of 11.47 and a beta of 1.03. The firm has a 50 day moving average price of $138.24 and a 200 day moving average price of $134.30.

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

Hedge funds have recently modified their holdings of the company. Royal Bank of Canada raised its position in shares of Vanguard U.S. Value Factor by 0.8% during the 1st quarter. Royal Bank of Canada now owns 20,957 shares of the company’s stock valued at $2,389,000 after purchasing an additional 166 shares during the period. Bank of America Corp DE boosted its holdings in Vanguard U.S. Value Factor by 185.4% in the 2nd quarter. Bank of America Corp DE now owns 7,333 shares of the company’s stock worth $867,000 after buying an additional 4,764 shares during the period. Two Sigma Securities LLC purchased a new stake in Vanguard U.S. Value Factor in the 2nd quarter worth $273,000. Visionary Wealth Advisors increased its stake in Vanguard U.S. Value Factor by 1.8% in the 2nd quarter. Visionary Wealth Advisors now owns 11,104 shares of the company’s stock worth $1,314,000 after buying an additional 196 shares in the last quarter. Finally, Equitable Holdings Inc. increased its stake in Vanguard U.S. Value Factor by 14.9% in the 2nd quarter. Equitable Holdings Inc. now owns 127,910 shares of the company’s stock worth $15,132,000 after buying an additional 16,594 shares in the last quarter.

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.