Vanguard U.S. Quality Factor ETF (BATS:VFQY) Sets New 52-Week High – Still a Buy?

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

Vanguard U.S. Quality Factor ETF Stock Performance

The firm’s 50 day moving average price is $174.47 and its two-hundred day moving average price is $165.32. The company has a market cap of $503.46 million, a P/E ratio of 18.39 and a beta of 1.03.

Institutional Investors Weigh In On Vanguard U.S. Quality Factor ETF

A number of large investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC increased its stake in Vanguard U.S. Quality Factor ETF by 14,773.5% in the third quarter. Farther Finance Advisors LLC now owns 30,342 shares of the company’s stock valued at $5,167,000 after purchasing an additional 30,138 shares in the last quarter. Royal Fund Management LLC raised its holdings in shares of Vanguard U.S. Quality Factor ETF by 7.3% during the third quarter. Royal Fund Management LLC now owns 19,574 shares of the company’s stock valued at $3,333,000 after purchasing an additional 1,328 shares during the period. Corient Private Wealth LP raised its holdings in shares of Vanguard U.S. Quality Factor ETF by 32.5% during the second quarter. Corient Private Wealth LP now owns 17,134 shares of the company’s stock valued at $2,918,000 after purchasing an additional 4,205 shares during the period. Bank of America Corp DE boosted its position in shares of Vanguard U.S. Quality Factor ETF by 4.7% during the 1st quarter. Bank of America Corp DE now owns 14,802 shares of the company’s stock worth $2,209,000 after purchasing an additional 662 shares in the last quarter. Finally, Vise Technologies Inc. boosted its position in shares of Vanguard U.S. Quality Factor ETF by 9.4% during the 3rd quarter. Vise Technologies Inc. now owns 12,587 shares of the company’s stock worth $2,144,000 after purchasing 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.