Vanguard U.S. Quality Factor ETF (BATS:VFQY) Hits New 12-Month High – Should You Buy?

Vanguard U.S. Quality Factor ETF (BATS:VFQY) shares hit a new 52-week high on Wednesday. The company traded as high as $179.97 and last traded at $179.9350, with a volume of 1,165 shares trading hands. The stock had previously closed at $177.27.

Vanguard U.S. Quality Factor ETF Trading Down 3.8%

The business’s 50 day moving average price is $174.42 and its two-hundred day moving average price is $165.50. The stock has a market cap of $483.34 million, a P/E ratio of 18.39 and a beta of 1.03.

Institutional Trading of Vanguard U.S. Quality Factor ETF

Several large investors have recently bought and sold shares of the company. Kestra Advisory Services LLC raised its holdings in Vanguard U.S. Quality Factor ETF by 7.0% in the third quarter. Kestra Advisory Services LLC now owns 1,292 shares of the company’s stock worth $220,000 after purchasing an additional 84 shares in the last quarter. Fifth Third Bancorp purchased a new stake in shares of Vanguard U.S. Quality Factor ETF in the 1st quarter worth about $74,000. Basepoint Wealth LLC purchased a new stake in shares of Vanguard U.S. Quality Factor ETF in the 1st quarter worth about $76,000. Bank of America Corp DE grew its position in shares of Vanguard U.S. Quality Factor ETF by 4.7% in the 1st quarter. Bank of America Corp DE now owns 14,802 shares of the company’s stock worth $2,209,000 after buying an additional 662 shares during the period. Finally, Vise Technologies Inc. increased its stake in shares of Vanguard U.S. Quality Factor ETF by 9.4% in the 3rd quarter. Vise Technologies Inc. now owns 12,587 shares of the company’s stock worth $2,144,000 after acquiring an additional 1,082 shares in the last quarter.

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.