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

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

Vanguard U.S. Quality Factor ETF Stock Performance

The stock’s 50-day moving average is $174.39 and its 200 day moving average is $165.87. The stock has a market capitalization of $526.37 million, a PE 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 made changes to their positions in VFQY. Fifth Third Bancorp purchased a new stake in shares of Vanguard U.S. Quality Factor ETF in the 1st quarter valued at about $74,000. Basepoint Wealth LLC acquired a new stake in shares of Vanguard U.S. Quality Factor ETF in the 1st quarter valued at about $76,000. Teachers Insurance & Annuity Association of America purchased a new position in Vanguard U.S. Quality Factor ETF during the 3rd quarter worth approximately $168,000. Kestra Advisory Services LLC grew its stake in Vanguard U.S. Quality Factor ETF by 7.0% during the 3rd quarter. Kestra Advisory Services LLC now owns 1,292 shares of the company’s stock worth $220,000 after buying an additional 84 shares during the last quarter. Finally, Noble Wealth Partners LLC acquired a new position in Vanguard U.S. Quality Factor ETF during the second quarter worth approximately $247,000.

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.