Kingswood Wealth Advisors LLC Has $564,000 Stake in Vanguard U.S. Quality Factor ETF (BATS:VFQY)

Kingswood Wealth Advisors LLC grew its holdings in shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 100.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,000 shares of the company’s stock after acquiring an additional 2,000 shares during the period. Kingswood Wealth Advisors LLC owned 0.16% of Vanguard U.S. Quality Factor ETF worth $564,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Armbruster Capital Management Inc. boosted its position in shares of Vanguard U.S. Quality Factor ETF by 0.3% during the 4th quarter. Armbruster Capital Management Inc. now owns 179,382 shares of the company’s stock worth $25,273,000 after purchasing an additional 495 shares in the last quarter. Cedar Point Capital Partners LLC boosted its holdings in Vanguard U.S. Quality Factor ETF by 0.4% in the fourth quarter. Cedar Point Capital Partners LLC now owns 68,241 shares of the company’s stock worth $9,614,000 after acquiring an additional 267 shares in the last quarter. Professional Financial Advisors LLC grew its stake in Vanguard U.S. Quality Factor ETF by 5.5% in the fourth quarter. Professional Financial Advisors LLC now owns 24,585 shares of the company’s stock valued at $3,464,000 after acquiring an additional 1,289 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Vanguard U.S. Quality Factor ETF by 92.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 8,443 shares of the company’s stock valued at $1,206,000 after acquiring an additional 4,050 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Vanguard U.S. Quality Factor ETF by 22.8% during the third quarter. JPMorgan Chase & Co. now owns 3,063 shares of the company’s stock worth $438,000 after purchasing an additional 568 shares during the period.

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

Shares of VFQY stock opened at $146.46 on Thursday. The company’s 50 day simple moving average is $145.26 and its two-hundred day simple moving average is $142.09. The company has a market cap of $358.81 million, a price-to-earnings ratio of 13.68 and a beta of 1.03.

Vanguard U.S. Quality Factor ETF Increases Dividend

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

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.