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

Vanguard Value ETF (NYSEARCA:VTV) shares reached a new 52-week high on Friday . The stock traded as high as $180.07 and last traded at $180.03, with a volume of 183987 shares changing hands. The stock had previously closed at $178.77.

Vanguard Value ETF Stock Up 0.7 %

The company has a market cap of $128.43 billion, a P/E ratio of 17.44 and a beta of 0.70. The company’s 50-day moving average is $175.26 and its two-hundred day moving average is $168.02.

Institutional Investors Weigh In On Vanguard Value ETF

Several institutional investors have recently added to or reduced their stakes in VTV. Christopher J. Hasenberg Inc purchased a new stake in Vanguard Value ETF during the third quarter valued at about $26,000. Optimum Investment Advisors purchased a new stake in Vanguard Value ETF during the second quarter valued at about $28,000. Innealta Capital LLC purchased a new stake in Vanguard Value ETF during the second quarter valued at about $28,000. St. Johns Investment Management Company LLC purchased a new stake in Vanguard Value ETF during the third quarter valued at about $28,000. Finally, MeadowBrook Investment Advisors LLC lifted its holdings in Vanguard Value ETF by 111.1% during the second quarter. MeadowBrook Investment Advisors LLC now owns 190 shares of the company’s stock valued at $30,000 after purchasing an additional 100 shares during the last quarter.

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.