Vanguard Value ETF (NYSEARCA:VTV) Sets New 1-Year High – Still a Buy?

Vanguard Value ETF (NYSEARCA:VTV) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $191.92 and last traded at $191.50, with a volume of 4752043 shares trading hands. The stock had previously closed at $188.93.

Vanguard Value ETF Price Performance

The company has a market capitalization of $153.24 billion, a P/E ratio of 18.14 and a beta of 0.82. The stock’s 50 day moving average is $186.94 and its 200-day moving average is $181.70.

Hedge Funds Weigh In On Vanguard Value ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB boosted its holdings in shares of Vanguard Value ETF by 18.3% during the second quarter. Wilmington Savings Fund Society FSB now owns 59,058 shares of the company’s stock worth $10,438,000 after purchasing an additional 9,135 shares during the period. Bridges Investment Management Inc. lifted its position in Vanguard Value ETF by 1.4% in the 2nd quarter. Bridges Investment Management Inc. now owns 11,679 shares of the company’s stock worth $2,064,000 after buying an additional 159 shares in the last quarter. Accredited Investors Inc. lifted its position in Vanguard Value ETF by 6.2% in the 2nd quarter. Accredited Investors Inc. now owns 473,269 shares of the company’s stock worth $83,646,000 after buying an additional 27,579 shares in the last quarter. Aptus Capital Advisors LLC boosted its stake in shares of Vanguard Value ETF by 18.7% during the 1st quarter. Aptus Capital Advisors LLC now owns 16,396 shares of the company’s stock valued at $2,832,000 after buying an additional 2,581 shares during the period. Finally, Mackenzie Financial Corp grew its holdings in shares of Vanguard Value ETF by 13.0% during the 2nd quarter. Mackenzie Financial Corp now owns 42,667 shares of the company’s stock valued at $7,541,000 after acquiring an additional 4,902 shares in the last quarter.

About Vanguard Value ETF

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.