Cedar Point Capital Partners LLC Cuts Stake in Vanguard U.S. Quality Factor ETF $VFQY

Cedar Point Capital Partners LLC lessened its stake in shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 2.2% during the second quarter, Holdings Channel.com reports. The firm owned 68,022 shares of the company’s stock after selling 1,551 shares during the period. Vanguard U.S. Quality Factor ETF accounts for about 6.9% of Cedar Point Capital Partners LLC’s portfolio, making the stock its 4th biggest position. Cedar Point Capital Partners LLC’s holdings in Vanguard U.S. Quality Factor ETF were worth $9,776,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JNBA Financial Advisors boosted its position in shares of Vanguard U.S. Quality Factor ETF by 47.6% during the 2nd quarter. JNBA Financial Advisors now owns 214 shares of the company’s stock worth $31,000 after purchasing an additional 69 shares in the last quarter. Glass Jacobson Investment Advisors llc acquired a new stake in shares of Vanguard U.S. Quality Factor ETF in the 2nd quarter worth about $64,000. Synergy Asset Management LLC acquired a new stake in shares of Vanguard U.S. Quality Factor ETF in the 2nd quarter worth about $206,000. WealthCare Investment Partners LLC acquired a new stake in shares of Vanguard U.S. Quality Factor ETF in the 2nd quarter worth about $214,000. Finally, Apollon Wealth Management LLC acquired a new stake in shares of Vanguard U.S. Quality Factor ETF in the 1st quarter worth about $246,000.

Vanguard U.S. Quality Factor ETF Price Performance

VFQY opened at $152.69 on Wednesday. Vanguard U.S. Quality Factor ETF has a fifty-two week low of $116.51 and a fifty-two week high of $150.37. The firm has a market capitalization of $425.99 million, a PE ratio of 18.39 and a beta of 1.03. The company’s 50-day moving average is $150.64 and its 200 day moving average is $143.81.

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.