Vanguard U.S. Quality Factor ETF (BATS:VFQY) Hits New 1-Year High – Here’s What Happened

Vanguard U.S. Quality Factor ETF (BATS:VFQY)’s stock price reached a new 52-week high on Thursday . The company traded as high as $179.39 and last traded at $179.39, with a volume of 7370 shares changing hands. The stock had previously closed at $177.18.

Vanguard U.S. Quality Factor ETF Stock Up 1.1%

The firm has a 50 day moving average price of $170.29 and a two-hundred day moving average price of $161.49. The company has a market capitalization of $499.74 million, a price-to-earnings ratio of 18.39 and a beta of 1.03.

Institutional Investors Weigh In On Vanguard U.S. Quality Factor ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cannon Wealth Management Services LLC increased its holdings in Vanguard U.S. Quality Factor ETF by 493.2% in the fourth quarter. Cannon Wealth Management Services LLC now owns 26,534 shares of the company’s stock valued at $4,071,000 after buying an additional 22,061 shares during the last quarter. M Holdings Securities Inc. bought a new position in Vanguard U.S. Quality Factor ETF during the 4th quarter worth approximately $2,519,000. Focus Partners Wealth grew its position in shares of Vanguard U.S. Quality Factor ETF by 13.7% in the 3rd quarter. Focus Partners Wealth now owns 79,523 shares of the company’s stock worth $11,994,000 after acquiring an additional 9,579 shares in the last quarter. Two Sigma Investments LP acquired a new position in shares of Vanguard U.S. Quality Factor ETF in the 3rd quarter worth approximately $1,267,000. Finally, Bank of America Corp DE increased its holdings in shares of Vanguard U.S. Quality Factor ETF by 217.4% in the 2nd quarter. Bank of America Corp DE now owns 8,609 shares of the company’s stock valued at $1,237,000 after acquiring an additional 5,897 shares during the last quarter.

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.