Synergy Asset Management LLC Purchases 1,901 Shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY)

Synergy Asset Management LLC increased its position in shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 99.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,808 shares of the company’s stock after acquiring an additional 1,901 shares during the period. Synergy Asset Management LLC owned approximately 0.16% of Vanguard U.S. Quality Factor ETF worth $540,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Foundations Investment Advisors LLC increased its holdings in shares of Vanguard U.S. Quality Factor ETF by 64.3% in the third quarter. Foundations Investment Advisors LLC now owns 104,749 shares of the company’s stock worth $14,967,000 after purchasing an additional 40,976 shares during the period. Royal Fund Management LLC increased its stake in Vanguard U.S. Quality Factor ETF by 131.2% in the 3rd quarter. Royal Fund Management LLC now owns 22,170 shares of the company’s stock worth $3,196,000 after acquiring an additional 12,580 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Vanguard U.S. Quality Factor ETF by 92.2% during the 4th 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 during the last quarter. Nwam LLC purchased a new position in shares of Vanguard U.S. Quality Factor ETF during the third quarter worth about $468,000. Finally, Sanctuary Advisors LLC bought a new position in shares of Vanguard U.S. Quality Factor ETF in the second quarter worth approximately $339,000.

Vanguard U.S. Quality Factor ETF Price Performance

Shares of VFQY opened at $146.46 on Thursday. The stock has a market capitalization of $358.81 million, a P/E ratio of 13.68 and a beta of 1.03. The company has a fifty day moving average of $145.26 and a 200 day moving average of $142.09.

Vanguard U.S. Quality Factor ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were given a $0.5285 dividend. 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.

About Vanguard U.S. Quality Factor ETF

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.