Vanguard U.S. Quality Factor ETF (BATS:VFQY) Shares Bought by Armbruster Capital Management Inc.

Armbruster Capital Management Inc. increased its stake in Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 0.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 179,382 shares of the company’s stock after acquiring an additional 495 shares during the quarter. Vanguard U.S. Quality Factor ETF makes up 5.1% of Armbruster Capital Management Inc.’s holdings, making the stock its 6th largest holding. Armbruster Capital Management Inc. owned about 7.32% of Vanguard U.S. Quality Factor ETF worth $25,273,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Cedar Point Capital Partners LLC raised its holdings in shares of Vanguard U.S. Quality Factor ETF by 0.4% during the fourth quarter. Cedar Point Capital Partners LLC now owns 68,241 shares of the company’s stock valued at $9,614,000 after acquiring an additional 267 shares during the period. Professional Financial Advisors LLC grew its position in Vanguard U.S. Quality Factor ETF by 5.5% during the 4th quarter. Professional Financial Advisors LLC now owns 24,585 shares of the company’s stock worth $3,464,000 after purchasing an additional 1,289 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Vanguard U.S. Quality Factor ETF by 92.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 8,443 shares of the company’s stock valued at $1,206,000 after purchasing an additional 4,050 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard U.S. Quality Factor ETF by 22.8% in the third quarter. JPMorgan Chase & Co. now owns 3,063 shares of the company’s stock valued at $438,000 after purchasing an additional 568 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its position in shares of Vanguard U.S. Quality Factor ETF by 40.7% in the third quarter. Sanctuary Advisors LLC now owns 3,640 shares of the company’s stock worth $537,000 after buying an additional 1,053 shares during the period.

Vanguard U.S. Quality Factor ETF Stock Up 3.5 %

Shares of VFQY stock opened at $146.42 on Monday. The company’s fifty day simple moving average is $145.08 and its two-hundred day simple moving average is $141.93. The stock has a market capitalization of $358.72 million, a P/E ratio of 13.68 and a beta of 1.03.

Vanguard U.S. Quality Factor ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were issued a $0.5285 dividend. This is an increase from Vanguard U.S. Quality Factor ETF’s previous dividend of $0.37. The ex-dividend date was Monday, December 23rd.

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.