Vanguard U.S. Value Factor (BATS:VFVA) Trading Down 1.4% – Here’s What Happened

Vanguard U.S. Value Factor (BATS:VFVA) shares were down 1.4% during trading on Wednesday . The company traded as low as $133.21 and last traded at $133.21. Approximately 11,626 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 14,897 shares. The stock had previously closed at $135.05.

Vanguard U.S. Value Factor Stock Down 1.4%

The firm has a 50-day moving average of $139.36 and a two-hundred day moving average of $132.73. The company has a market capitalization of $687.36 million, a PE ratio of 11.47 and a beta of 1.03.

Hedge Funds Weigh In On Vanguard U.S. Value Factor

A number of hedge funds have recently modified their holdings of the business. Root Financial Partners LLC purchased a new stake in Vanguard U.S. Value Factor in the 3rd quarter valued at about $32,000. Kestra Advisory Services LLC purchased a new position in Vanguard U.S. Value Factor during the fourth quarter worth about $97,000. Atlas Capital Advisors Inc. purchased a new position in Vanguard U.S. Value Factor during the fourth quarter worth about $108,000. Manning & Napier Advisors LLC acquired a new stake in shares of Vanguard U.S. Value Factor during the third quarter valued at about $121,000. Finally, Caldwell Trust Co acquired a new stake in shares of Vanguard U.S. Value Factor during the second quarter valued at about $165,000.

About Vanguard U.S. Value Factor

The Vanguard U.S. Value Factor ETF (VFVA) is an exchange-traded fund that is based on the CRSP U.S. Large Cap Value index. The fund is an actively managed fund of US equities with lower share prices relative to fundamental values, as determined by the manager. The fund seeks long-term capital appreciation. VFVA was launched on Feb 13, 2018 and is managed by Vanguard.