Vanguard U.S. Quality Factor ETF (BATS:VFQY) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its stake in shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 22.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 3,063 shares of the company’s stock after purchasing an additional 568 shares during the period. JPMorgan Chase & Co.’s holdings in Vanguard U.S. Quality Factor ETF were worth $438,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. FSA Wealth Management LLC acquired a new position in shares of Vanguard U.S. Quality Factor ETF during the third quarter worth $29,000. Mather Group LLC. purchased a new stake in Vanguard U.S. Quality Factor ETF during the 3rd quarter worth $38,000. Farther Finance Advisors LLC acquired a new position in Vanguard U.S. Quality Factor ETF in the 3rd quarter worth $47,000. First Community Trust NA purchased a new position in Vanguard U.S. Quality Factor ETF in the 3rd quarter valued at about $129,000. Finally, Orion Portfolio Solutions LLC acquired a new stake in shares of Vanguard U.S. Quality Factor ETF during the third quarter valued at about $238,000.

Vanguard U.S. Quality Factor ETF Stock Performance

BATS:VFQY opened at $146.85 on Wednesday. The stock has a 50 day simple moving average of $145.18 and a 200-day simple moving average of $142.06. The firm has a market capitalization of $359.78 million, a PE 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 paid a dividend of $0.5285 per share. This is a boost from Vanguard U.S. Quality Factor ETF’s previous dividend of $0.37. The ex-dividend date of this dividend was Monday, December 23rd.

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.