LPL Financial LLC Buys 13,739 Shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY)

LPL Financial LLC raised its stake in Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 19.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 85,799 shares of the company’s stock after acquiring an additional 13,739 shares during the period. LPL Financial LLC owned about 3.50% of Vanguard U.S. Quality Factor ETF worth $12,088,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Tidemark LLC acquired a new stake in shares of Vanguard U.S. Quality Factor ETF during the 4th quarter worth approximately $39,000. Raymond James Financial Inc. bought a new stake in shares of Vanguard U.S. Quality Factor ETF during the 4th quarter valued at $1,241,000. Private Trust Co. NA acquired a new position in shares of Vanguard U.S. Quality Factor ETF in the 4th quarter valued at $35,000. Nwam LLC boosted its position in shares of Vanguard U.S. Quality Factor ETF by 26.0% in the 4th quarter. Nwam LLC now owns 4,130 shares of the company’s stock worth $582,000 after purchasing an additional 852 shares during the last quarter. Finally, Genesis Wealth Advisors LLC bought a new position in shares of Vanguard U.S. Quality Factor ETF in the 4th quarter worth $6,910,000.

Vanguard U.S. Quality Factor ETF Trading Down 4.3 %

BATS:VFQY opened at $135.39 on Thursday. The firm has a market capitalization of $376.37 million, a price-to-earnings ratio of 13.84 and a beta of 1.07. Vanguard U.S. Quality Factor ETF has a 1-year low of $127.78 and a 1-year high of $150.37. The business’s 50-day moving average price is $141.08 and its two-hundred day moving average price is $142.97.

Vanguard U.S. Quality Factor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid a $0.4425 dividend. The ex-dividend date was Tuesday, March 25th.

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.