Royal Fund Management LLC Raises Stock Holdings in Vanguard U.S. Quality Factor ETF (BATS:VFQY)

Royal Fund Management LLC increased its stake in shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 14.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,614 shares of the company’s stock after purchasing an additional 1,184 shares during the quarter. Royal Fund Management LLC’s holdings in Vanguard U.S. Quality Factor ETF were worth $1,220,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Armbruster Capital Management Inc. lifted its stake in shares of Vanguard U.S. Quality Factor ETF by 1.0% during the 4th quarter. Armbruster Capital Management Inc. now owns 183,514 shares of the company’s stock worth $23,209,000 after purchasing an additional 1,794 shares during the last quarter. Systelligence LLC purchased a new stake in shares of Vanguard U.S. Quality Factor ETF during the 4th quarter worth $16,356,000. Cedar Point Capital Partners LLC purchased a new stake in shares of Vanguard U.S. Quality Factor ETF during the 4th quarter worth $8,897,000. Pure Financial Advisors LLC lifted its stake in shares of Vanguard U.S. Quality Factor ETF by 12.3% during the 4th quarter. Pure Financial Advisors LLC now owns 46,827 shares of the company’s stock worth $5,922,000 after purchasing an additional 5,121 shares during the last quarter. Finally, Professional Financial Advisors LLC lifted its stake in shares of Vanguard U.S. Quality Factor ETF by 3.8% during the 4th quarter. Professional Financial Advisors LLC now owns 23,982 shares of the company’s stock worth $3,033,000 after purchasing an additional 880 shares during the last quarter.

Vanguard U.S. Quality Factor ETF Stock Up 0.8 %

BATS:VFQY traded up $1.10 during mid-day trading on Friday, hitting $131.62. 4,723 shares of the company’s stock traded hands. The stock has a fifty day moving average of $132.86 and a two-hundred day moving average of $125.43. The company has a market cap of $322.47 million, a P/E ratio of 13.68 and a beta of 1.03.

Vanguard U.S. Quality Factor ETF 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.