JPMorgan Chase & Co. Grows Stock Holdings in Vanguard U.S. Quality Factor ETF (BATS:VFQY)

JPMorgan Chase & Co. grew its stake in Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 22.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,063 shares of the company’s stock after purchasing an additional 568 shares during the period. JPMorgan Chase & Co. owned approximately 0.13% of Vanguard U.S. Quality Factor ETF worth $438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Sanctuary Advisors LLC acquired a new stake in shares of Vanguard U.S. Quality Factor ETF in the 2nd quarter worth $339,000. First Community Trust NA acquired a new stake in Vanguard U.S. Quality Factor ETF during the third quarter worth about $129,000. Mather Group LLC. purchased a new position in Vanguard U.S. Quality Factor ETF during the third quarter worth about $38,000. Royal Fund Management LLC boosted its holdings in Vanguard U.S. Quality Factor ETF by 131.2% in the 3rd quarter. Royal Fund Management LLC now owns 22,170 shares of the company’s stock valued at $3,196,000 after purchasing an additional 12,580 shares during the last quarter. Finally, Creative Planning boosted its holdings in Vanguard U.S. Quality Factor ETF by 14.2% in the 3rd quarter. Creative Planning now owns 1,748 shares of the company’s stock valued at $250,000 after purchasing an additional 217 shares during the last quarter.

Vanguard U.S. Quality Factor ETF Trading Up 3.8 %

VFQY stock opened at $146.85 on Wednesday. The stock has a market cap of $359.78 million, a price-to-earnings ratio of 13.68 and a beta of 1.03. The firm’s 50 day moving average price is $145.18 and its 200 day moving average price is $142.06.

Vanguard U.S. Quality Factor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.5285 per share. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from Vanguard U.S. Quality Factor ETF’s previous dividend of $0.37.

Vanguard U.S. Quality Factor ETF Company Profile

The Vanguard U.S. Quality Factor ETF (VFQY) is an exchange-traded fund that is based on the Benchmark for VFQY Fund index. The fund seeks to provide long-term capital appreciation by investing in stocks with strong fundamentals as determined by the advisor. VFQY was launched on Feb 13, 2018 and is managed by Vanguard.