Vanguard Value ETF (NYSEARCA:VTV) Sets New 52-Week High – Here’s Why

Vanguard Value ETF (NYSEARCA:VTV) reached a new 52-week high during trading on Wednesday. The company traded as high as $230.30 and last traded at $229.1890, with a volume of 299,078 shares changing hands. The stock had previously closed at $227.57.

Vanguard Value ETF Stock Down 3.1%

The business has a fifty day moving average of $222.99 and a 200 day moving average of $213.12. The firm has a market cap of $190.92 billion, a P/E ratio of 18.14 and a beta of 0.74.

Hedge Funds Weigh In On Vanguard Value ETF

Institutional investors have recently modified their holdings of the stock. McMill Wealth Management grew its holdings in Vanguard Value ETF by 21,693.0% in the 2nd quarter. McMill Wealth Management now owns 2,531,911 shares of the company’s stock worth $551,779,000 after acquiring an additional 2,520,293 shares during the last quarter. EP Wealth Advisors LLC raised its stake in shares of Vanguard Value ETF by 6.7% during the second quarter. EP Wealth Advisors LLC now owns 8,979,182 shares of the company’s stock valued at $1,956,833,000 after acquiring an additional 560,448 shares during the last quarter. Mather Group LLC. raised its stake in shares of Vanguard Value ETF by 7.4% during the third quarter. Mather Group LLC. now owns 5,427,631 shares of the company’s stock valued at $1,172,802,000 after acquiring an additional 372,847 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Vanguard Value ETF by 4.0% during the first quarter. Cetera Investment Advisers now owns 7,740,408 shares of the company’s stock worth $1,518,668,000 after purchasing an additional 296,977 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Vanguard Value ETF by 81.8% during the first quarter. EverSource Wealth Advisors LLC now owns 638,267 shares of the company’s stock worth $125,228,000 after purchasing an additional 287,191 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. 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.