Kingswood Wealth Advisors LLC Buys 2,000 Shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY)

Kingswood Wealth Advisors LLC lifted its stake in shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 100.0% in the fourth quarter, HoldingsChannel reports. The fund owned 4,000 shares of the company’s stock after acquiring an additional 2,000 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Vanguard U.S. Quality Factor ETF were worth $564,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FSA Wealth Management LLC bought a new position in Vanguard U.S. Quality Factor ETF in the 3rd quarter worth $29,000. Mather Group LLC. bought a new position in shares of Vanguard U.S. Quality Factor ETF in the third quarter worth about $38,000. Farther Finance Advisors LLC bought a new stake in Vanguard U.S. Quality Factor ETF during the 3rd quarter valued at approximately $47,000. First Community Trust NA bought a new stake in Vanguard U.S. Quality Factor ETF during the 3rd quarter valued at approximately $129,000. Finally, Orion Portfolio Solutions LLC purchased a new position in Vanguard U.S. Quality Factor ETF in the 3rd quarter worth approximately $238,000.

Vanguard U.S. Quality Factor ETF Trading Up 3.5 %

Shares of BATS:VFQY opened at $146.46 on Thursday. The company has a market capitalization of $358.81 million, a price-to-earnings ratio of 13.68 and a beta of 1.03. The stock’s fifty day moving average is $145.26 and its two-hundred day moving average is $142.09.

Vanguard U.S. Quality Factor ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were given a dividend of $0.5285 per share. This is an increase from Vanguard U.S. Quality Factor ETF’s previous dividend of $0.37. The ex-dividend date was Monday, December 23rd.

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.