Zhang Financial LLC Makes New Investment in Vanguard U.S. Quality Factor ETF $VFQY

Zhang Financial LLC acquired a new position in Vanguard U.S. Quality Factor ETF (BATS:VFQY) in the first quarter, HoldingsChannel reports. The firm acquired 4,254 shares of the company’s stock, valued at approximately $635,000.

A number of other institutional investors also recently made changes to their positions in VFQY. Cannon Wealth Management Services LLC grew its holdings in shares of Vanguard U.S. Quality Factor ETF by 493.2% during the 4th quarter. Cannon Wealth Management Services LLC now owns 26,534 shares of the company’s stock valued at $4,071,000 after purchasing an additional 22,061 shares during the last quarter. M Holdings Securities Inc. bought a new stake in Vanguard U.S. Quality Factor ETF in the fourth quarter worth $2,519,000. Focus Partners Wealth lifted its stake in Vanguard U.S. Quality Factor ETF by 13.7% in the third quarter. Focus Partners Wealth now owns 79,523 shares of the company’s stock worth $11,994,000 after purchasing an additional 9,579 shares during the last quarter. Two Sigma Investments LP purchased a new stake in Vanguard U.S. Quality Factor ETF during the third quarter valued at about $1,267,000. Finally, Bank of America Corp DE boosted its position in Vanguard U.S. Quality Factor ETF by 217.4% during the second quarter. Bank of America Corp DE now owns 8,609 shares of the company’s stock valued at $1,237,000 after buying an additional 5,897 shares during the period.

Vanguard U.S. Quality Factor ETF Trading Down 0.5%

Shares of BATS:VFQY opened at $171.15 on Friday. The stock has a market capitalization of $477.51 million, a P/E ratio of 18.39 and a beta of 1.03. The stock’s 50-day moving average price is $166.07 and its 200-day moving average price is $159.36. Vanguard U.S. Quality Factor ETF has a 12-month low of $141.78 and a 12-month high of $172.09.

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.