Vanguard U.S. Quality Factor ETF (BATS:VFQY) Hits New 1-Year High – Still a Buy?

Vanguard U.S. Quality Factor ETF (BATS:VFQY) shares reached a new 52-week high during trading on Thursday. The stock traded as high as $183.00 and last traded at $178.6940, with a volume of 10,183 shares. The stock had previously closed at $178.75.

Vanguard U.S. Quality Factor ETF Stock Performance

The company has a 50 day moving average of $174.39 and a 200 day moving average of $165.87. The stock has a market capitalization of $526.37 million, a price-to-earnings ratio of 18.28 and a beta of 0.98.

Institutional Trading of Vanguard U.S. Quality Factor ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Zhang Financial LLC acquired a new position in shares of Vanguard U.S. Quality Factor ETF during the 1st quarter worth about $635,000. Corient Private Wealth LP raised its position in shares of Vanguard U.S. Quality Factor ETF by 32.5% during the 2nd quarter. Corient Private Wealth LP now owns 17,134 shares of the company’s stock worth $2,918,000 after acquiring an additional 4,205 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in Vanguard U.S. Quality Factor ETF by 14,773.5% during the third quarter. Farther Finance Advisors LLC now owns 30,342 shares of the company’s stock worth $5,167,000 after purchasing an additional 30,138 shares during the last quarter. M Holdings Securities Inc. purchased a new stake in Vanguard U.S. Quality Factor ETF during the third quarter worth approximately $1,591,000. Finally, D.A. Davidson & CO. acquired a new position in Vanguard U.S. Quality Factor ETF in the third quarter valued at approximately $838,000.

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.