Professional Financial Advisors LLC Increases Position in Vanguard U.S. Quality Factor ETF (BATS:VFQY)

Professional Financial Advisors LLC grew its stake in Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 5.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,585 shares of the company’s stock after buying an additional 1,289 shares during the period. Vanguard U.S. Quality Factor ETF accounts for 0.9% of Professional Financial Advisors LLC’s investment portfolio, making the stock its 19th largest holding. Professional Financial Advisors LLC owned about 1.00% of Vanguard U.S. Quality Factor ETF worth $3,464,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. FSA Wealth Management LLC purchased a new position in Vanguard U.S. Quality Factor ETF during the 3rd quarter worth $29,000. Mather Group LLC. purchased a new position in Vanguard U.S. Quality Factor ETF during the 3rd quarter valued at about $38,000. Benjamin F. Edwards & Company Inc. purchased a new position in Vanguard U.S. Quality Factor ETF during the 2nd quarter valued at about $38,000. Farther Finance Advisors LLC purchased a new position in Vanguard U.S. Quality Factor ETF during the 3rd quarter valued at about $47,000. Finally, First Community Trust NA purchased a new position in Vanguard U.S. Quality Factor ETF during the 3rd quarter valued at about $129,000.

Vanguard U.S. Quality Factor ETF Price Performance

BATS:VFQY opened at $140.29 on Tuesday. The company’s fifty day simple moving average is $145.34 and its 200-day simple moving average is $141.21. The stock has a market cap of $343.71 million, a P/E ratio of 13.68 and a beta of 1.03.

Vanguard U.S. Quality Factor ETF Increases Dividend

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

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.