Professional Financial Advisors LLC Purchases 1,289 Shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY)

Professional Financial Advisors LLC raised its position in Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 5.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,585 shares of the company’s stock after buying an additional 1,289 shares during the quarter. Vanguard U.S. Quality Factor ETF comprises about 0.9% of Professional Financial Advisors LLC’s portfolio, making the stock its 19th largest position. Professional Financial Advisors LLC’s holdings in Vanguard U.S. Quality Factor ETF were worth $3,464,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. FSA Wealth Management LLC bought a new position in shares of Vanguard U.S. Quality Factor ETF in the third quarter worth about $29,000. Mather Group LLC. acquired a new position in Vanguard U.S. Quality Factor ETF during the 3rd quarter worth approximately $38,000. Benjamin F. Edwards & Company Inc. bought a new position in Vanguard U.S. Quality Factor ETF in the 2nd quarter valued at approximately $38,000. Farther Finance Advisors LLC acquired a new position in shares of Vanguard U.S. Quality Factor ETF during the third quarter worth $47,000. Finally, First Community Trust NA bought a new position in shares of Vanguard U.S. Quality Factor ETF in the 3rd quarter valued at $129,000.

Vanguard U.S. Quality Factor ETF Trading Up 0.4 %

Shares of VFQY opened at $140.29 on Tuesday. The firm has a market cap of $343.71 million, a PE ratio of 13.68 and a beta of 1.03. The stock has a 50-day moving average price of $145.34 and a 200-day moving average price of $141.21.

Vanguard U.S. Quality Factor ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were given a dividend of $0.5285 per share. The ex-dividend date was Monday, December 23rd. This is an increase 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.