Vanguard U.S. Value Factor (BATS:VFVA) Hits New 52-Week High – Here’s What Happened

Vanguard U.S. Value Factor (BATS:VFVA)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $161.78 and last traded at $161.62, with a volume of 3490 shares trading hands. The stock had previously closed at $160.42.

Vanguard U.S. Value Factor Stock Up 0.5%

The company’s 50 day moving average price is $151.99 and its 200 day moving average price is $144.37. The firm has a market capitalization of $831.95 million, a price-to-earnings ratio of 11.47 and a beta of 1.03.

Institutional Trading of Vanguard U.S. Value Factor

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC purchased a new stake in Vanguard U.S. Value Factor during the 4th quarter valued at about $97,000. MBM Wealth Consultants LLC acquired a new position in shares of Vanguard U.S. Value Factor in the first quarter valued at about $104,000. Atlas Capital Advisors Inc. purchased a new position in shares of Vanguard U.S. Value Factor in the fourth quarter worth about $108,000. Lam Group Inc. purchased a new position in shares of Vanguard U.S. Value Factor in the first quarter worth about $195,000. Finally, Werba Rubin Papier Wealth Management acquired a new stake in shares of Vanguard U.S. Value Factor during the fourth quarter worth about $207,000.

About Vanguard U.S. Value Factor

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.