Vanguard Value ETF (NYSEARCA:VTV) Hits New 52-Week High – Time to Buy?

Vanguard Value ETF (NYSEARCA:VTV) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $219.93 and last traded at $218.03, with a volume of 2462115 shares trading hands. The stock had previously closed at $218.24.

Vanguard Value ETF Price Performance

The business’s 50 day moving average price is $208.58 and its 200 day moving average price is $201.59. The stock has a market capitalization of $180.66 billion, a P/E ratio of 18.14 and a beta of 0.75.

Institutional Investors Weigh In On Vanguard Value ETF

Large investors have recently added to or reduced their stakes in the stock. Dorato Capital Management purchased a new position in shares of Vanguard Value ETF in the 4th quarter worth $25,000. Provenance Wealth Advisors LLC bought a new position in Vanguard Value ETF in the third quarter valued at about $26,000. Godsey & Gibb Inc. bought a new position in Vanguard Value ETF in the fourth quarter valued at about $26,000. Independence Bank of Kentucky purchased a new position in Vanguard Value ETF in the fourth quarter worth about $29,000. Finally, CNB Bank purchased a new position in Vanguard Value ETF in the fourth quarter worth about $29,000.

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.