Vanguard U.S. Value Factor (BATS:VFVA) Reaches New 12-Month High – Time to Buy?

Vanguard U.S. Value Factor (BATS:VFVA)’s stock price hit a new 52-week high on Monday . The company traded as high as $149.99 and last traded at $149.63, with a volume of 971 shares trading hands. The stock had previously closed at $149.15.

Vanguard U.S. Value Factor Stock Up 0.2%

The firm has a fifty day moving average of $142.77 and a 200-day moving average of $138.82. The firm has a market cap of $770.80 million, a P/E ratio of 11.47 and a beta of 1.03.

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

Several hedge funds have recently added to or reduced their stakes in VFVA. Bank of America Corp DE boosted its holdings in Vanguard U.S. Value Factor by 6,034.7% in the third quarter. Bank of America Corp DE now owns 449,856 shares of the company’s stock valued at $57,375,000 after acquiring an additional 442,523 shares during the last quarter. Equitable Holdings Inc. boosted its holdings in Vanguard U.S. Value Factor by 28.7% in the third quarter. Equitable Holdings Inc. now owns 164,670 shares of the company’s stock valued at $21,002,000 after acquiring an additional 36,760 shares during the last quarter. RFP Financial Group LLC bought a new position in Vanguard U.S. Value Factor in the fourth quarter valued at about $4,667,000. EP Wealth Advisors LLC bought a new position in Vanguard U.S. Value Factor in the fourth quarter valued at about $4,463,000. Finally, Two Sigma Investments LP bought a new position in Vanguard U.S. Value Factor in the third quarter valued at about $1,671,000.

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.