Vanguard Value ETF (NYSEARCA:VTV) Hits New 12-Month High – Still a Buy?

Vanguard Value ETF (NYSEARCA:VTV)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $180.07 and last traded at $180.03, with a volume of 183987 shares trading hands. The stock had previously closed at $178.77.

Vanguard Value ETF Stock Performance

The firm has a market cap of $128.43 billion, a P/E ratio of 17.44 and a beta of 0.70. The stock’s 50 day simple moving average is $175.26 and its 200 day simple moving average is $168.02.

Institutional Trading of Vanguard Value ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. International Assets Investment Management LLC increased its stake in Vanguard Value ETF by 170,141.6% during the 3rd quarter. International Assets Investment Management LLC now owns 20,325,139 shares of the company’s stock valued at $3,548,160,000 after purchasing an additional 20,313,200 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Value ETF by 2.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,094,536 shares of the company’s stock worth $3,223,364,000 after acquiring an additional 432,353 shares in the last quarter. LPL Financial LLC grew its stake in shares of Vanguard Value ETF by 4.6% in the 3rd quarter. LPL Financial LLC now owns 9,388,550 shares of the company’s stock worth $1,638,959,000 after acquiring an additional 412,100 shares in the last quarter. TIAA Trust National Association grew its stake in shares of Vanguard Value ETF by 4.4% in the 2nd quarter. TIAA Trust National Association now owns 5,973,114 shares of the company’s stock worth $958,146,000 after acquiring an additional 249,558 shares in the last quarter. Finally, Mill Creek Capital Advisors LLC grew its position in Vanguard Value ETF by 1.4% during the third quarter. Mill Creek Capital Advisors LLC now owns 5,422,168 shares of the company’s stock valued at $946,548,000 after buying an additional 73,743 shares during the period.

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.