FSA Wealth Management LLC Invests $29,000 in Vanguard U.S. Quality Factor ETF (BATS:VFQY)

FSA Wealth Management LLC purchased a new position in Vanguard U.S. Quality Factor ETF (BATS:VFQY) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 200 shares of the company’s stock, valued at approximately $29,000.

Several other hedge funds have also recently bought and sold shares of the company. Armbruster Capital Management Inc. grew its holdings in Vanguard U.S. Quality Factor ETF by 1.2% in the second quarter. Armbruster Capital Management Inc. now owns 182,552 shares of the company’s stock valued at $24,479,000 after purchasing an additional 2,082 shares during the last quarter. Foundations Investment Advisors LLC grew its stake in Vanguard U.S. Quality Factor ETF by 64.3% in the 3rd quarter. Foundations Investment Advisors LLC now owns 104,749 shares of the company’s stock valued at $14,967,000 after acquiring an additional 40,976 shares during the last quarter. Professional Financial Advisors LLC increased its holdings in Vanguard U.S. Quality Factor ETF by 0.8% during the 2nd quarter. Professional Financial Advisors LLC now owns 24,014 shares of the company’s stock valued at $3,220,000 after acquiring an additional 192 shares in the last quarter. Capital Advisors Ltd. LLC raised its position in Vanguard U.S. Quality Factor ETF by 12.0% during the second quarter. Capital Advisors Ltd. LLC now owns 22,334 shares of the company’s stock worth $2,995,000 after acquiring an additional 2,390 shares during the last quarter. Finally, Royal Fund Management LLC lifted its holdings in shares of Vanguard U.S. Quality Factor ETF by 131.2% in the third quarter. Royal Fund Management LLC now owns 22,170 shares of the company’s stock valued at $3,196,000 after purchasing an additional 12,580 shares in the last quarter.

Vanguard U.S. Quality Factor ETF Stock Performance

Shares of VFQY opened at $149.13 on Monday. The stock has a market cap of $365.37 million, a PE ratio of 13.68 and a beta of 1.03. The stock’s fifty day simple moving average is $143.80 and its 200 day simple moving average is $138.98.

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.