Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Hits New 12-Month High – Here’s What Happened

Shares of Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) hit a new 52-week high on Thursday. The company traded as high as $232.41 and last traded at $232.4780, with a volume of 5,012 shares changing hands. The stock had previously closed at $231.07.

Vanguard S&P 500 Value ETF Price Performance

The firm has a market capitalization of $6.92 billion, a price-to-earnings ratio of 20.05 and a beta of 0.83. The stock’s 50 day moving average price is $226.63 and its two-hundred day moving average price is $218.23.

Hedge Funds Weigh In On Vanguard S&P 500 Value ETF

Hedge funds have recently modified their holdings of the stock. Bank of America Corp DE increased its stake in Vanguard S&P 500 Value ETF by 1.4% during the 1st quarter. Bank of America Corp DE now owns 1,866,106 shares of the company’s stock valued at $380,294,000 after purchasing an additional 25,441 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Vanguard S&P 500 Value ETF by 1.4% in the first quarter. Cetera Investment Advisers now owns 514,433 shares of the company’s stock worth $104,836,000 after buying an additional 6,963 shares during the period. Shakespeare Wealth Management LLC grew its stake in Vanguard S&P 500 Value ETF by 3.8% in the third quarter. Shakespeare Wealth Management LLC now owns 361,772 shares of the company’s stock worth $79,713,000 after purchasing an additional 13,227 shares during the period. Stordahl Capital Management Inc. increased its position in Vanguard S&P 500 Value ETF by 1.0% during the 3rd quarter. Stordahl Capital Management Inc. now owns 252,142 shares of the company’s stock valued at $55,557,000 after buying an additional 2,435 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Vanguard S&P 500 Value ETF by 0.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 162,498 shares of the company’s stock valued at $35,621,000 after purchasing an additional 446 shares during the last quarter.

About Vanguard S&P 500 Value ETF

The Vanguard S&P 500 Value ETF (VOOV) is an exchange-traded fund that is based on the S&P 500 Value index. The fund tracks an index of large- and mid-cap value-style securities from the Committee-selected S&P 500. VOOV was launched on Sep 7, 2010 and is managed by Vanguard.