Vanguard U.S. Quality Factor ETF (BATS:VFQY) Trading 0.3% Higher – Here’s Why

Shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY) shot up 0.3% during mid-day trading on Thursday . The stock traded as high as $151.10 and last traded at $150.50. 8,923 shares traded hands during mid-day trading, a decline of 18% from the average session volume of 10,948 shares. The stock had previously closed at $150.06.

Vanguard U.S. Quality Factor ETF Stock Performance

The firm has a market capitalization of $419.90 million, a PE ratio of 18.39 and a beta of 1.03. The firm has a 50 day simple moving average of $154.49 and a 200 day simple moving average of $153.33.

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

Several institutional investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. raised its position in Vanguard U.S. Quality Factor ETF by 135.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 160 shares of the company’s stock worth $25,000 after buying an additional 92 shares during the last quarter. Caitlin John LLC boosted its holdings in shares of Vanguard U.S. Quality Factor ETF by 2.1% during the 4th quarter. Caitlin John LLC now owns 5,550 shares of the company’s stock valued at $851,000 after acquiring an additional 114 shares during the last quarter. Beacon Financial Planning Inc. boosted its holdings in shares of Vanguard U.S. Quality Factor ETF by 0.8% during the 4th quarter. Beacon Financial Planning Inc. now owns 19,040 shares of the company’s stock valued at $2,921,000 after acquiring an additional 143 shares during the last quarter. Blair William & Co. IL bought a new stake in shares of Vanguard U.S. Quality Factor ETF in the fourth quarter worth approximately $26,000. Finally, Mather Group LLC. bought a new stake in shares of Vanguard U.S. Quality Factor ETF in the third quarter worth approximately $32,000.

About Vanguard U.S. Quality Factor ETF

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.