Vanguard Value ETF (NYSEARCA:VTV) Hits New 12-Month High – What’s Next?

Shares of Vanguard Value ETF (NYSEARCA:VTV) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $178.20 and last traded at $178.02, with a volume of 16510 shares trading hands. The stock had previously closed at $173.57.

Vanguard Value ETF Trading Up 0.6 %

The stock has a market capitalization of $127.47 billion, a P/E ratio of 17.44 and a beta of 0.70. The firm’s fifty day moving average is $173.76 and its 200-day moving average is $166.57.

Hedge Funds Weigh In On Vanguard Value ETF

Several institutional investors have recently added to or reduced their stakes in VTV. International Assets Investment Management LLC raised its stake in shares of Vanguard Value ETF by 170,141.6% in the third quarter. International Assets Investment Management LLC now owns 20,325,139 shares of the company’s stock worth $3,548,160,000 after acquiring an additional 20,313,200 shares during the last quarter. Strategic Financial Concepts LLC raised its stake in shares of Vanguard Value ETF by 26,320.0% in the second quarter. Strategic Financial Concepts LLC now owns 2,684,011 shares of the company’s stock worth $430,542,000 after acquiring an additional 2,673,852 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Vanguard Value ETF by 179.7% in the first quarter. Cetera Investment Advisers now owns 2,185,380 shares of the company’s stock worth $355,911,000 after acquiring an additional 1,404,141 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of Vanguard Value ETF in the second quarter worth about $183,842,000. Finally, Retirement Investment Advisors Inc. bought a new position in shares of Vanguard Value ETF in the second quarter worth about $175,884,000.

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.