Vanguard U.S. Quality Factor ETF (BATS:VFQY) Hits New 1-Year High – Here’s What Happened

Shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $179.39 and last traded at $179.39, with a volume of 7370 shares changing hands. The stock had previously closed at $177.18.

Vanguard U.S. Quality Factor ETF Stock Up 1.1%

The company has a fifty day moving average of $170.29 and a two-hundred day moving average of $161.49. The stock has a market capitalization of $499.74 million, a price-to-earnings ratio of 18.39 and a beta of 1.03.

Institutional Trading of Vanguard U.S. Quality Factor ETF

Hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. increased its stake in shares of Vanguard U.S. Quality Factor ETF by 31.5% during the second quarter. Raymond James Financial Inc. now owns 11,852 shares of the company’s stock worth $1,703,000 after acquiring an additional 2,842 shares during the period. Jane Street Group LLC acquired a new stake in Vanguard U.S. Quality Factor ETF in the second quarter valued at about $584,000. Bank of America Corp DE increased its position in Vanguard U.S. Quality Factor ETF by 217.4% during the 2nd quarter. Bank of America Corp DE now owns 8,609 shares of the company’s stock worth $1,237,000 after purchasing an additional 5,897 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Vanguard U.S. Quality Factor ETF by 37.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,538 shares of the company’s stock worth $383,000 after buying an additional 685 shares in the last quarter. Finally, Vise Technologies Inc. acquired a new position in Vanguard U.S. Quality Factor ETF during the third quarter worth $315,000.

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.