Vanguard Value ETF (NYSEARCA:VTV) Sets New 1-Year High – Here’s Why

Vanguard Value ETF (NYSEARCA:VTV) shares hit a new 52-week high during trading on Thursday . The company traded as high as $215.37 and last traded at $215.43, with a volume of 2417256 shares traded. The stock had previously closed at $211.54.

Vanguard Value ETF Stock Up 1.9%

The stock has a 50 day simple moving average of $206.20 and a 200 day simple moving average of $200.37. The company has a market cap of $179.94 billion, a price-to-earnings ratio of 18.14 and a beta of 0.75.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Bank of America Corp DE lifted its stake in shares of Vanguard Value ETF by 1.7% in the fourth quarter. Bank of America Corp DE now owns 136,148,963 shares of the company’s stock worth $26,003,090,000 after acquiring an additional 2,340,458 shares in the last quarter. Align Financial LLC acquired a new position in shares of Vanguard Value ETF in the fourth quarter worth about $2,128,845,000. Ameriprise Financial Inc. lifted its stake in shares of Vanguard Value ETF by 4.5% in the third quarter. Ameriprise Financial Inc. now owns 11,112,521 shares of the company’s stock worth $2,072,160,000 after acquiring an additional 479,866 shares in the last quarter. LPL Financial LLC lifted its position in shares of Vanguard Value ETF by 1.5% during the fourth quarter. LPL Financial LLC now owns 10,741,631 shares of the company’s stock worth $2,051,544,000 after purchasing an additional 158,367 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Vanguard Value ETF by 10.6% during the fourth quarter. Raymond James Financial Inc. now owns 8,759,680 shares of the company’s stock worth $1,673,011,000 after purchasing an additional 836,994 shares during the last quarter.

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.