Foundations Investment Advisors LLC Has $19.90 Million Holdings in Vanguard U.S. Quality Factor ETF $VFQY

Foundations Investment Advisors LLC increased its position in shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 2.8% during the fourth quarter, Holdings Channel reports. The fund owned 129,734 shares of the company’s stock after acquiring an additional 3,477 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Vanguard U.S. Quality Factor ETF were worth $19,902,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in VFQY. Raymond James Financial Inc. raised its holdings 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 valued at $1,703,000 after acquiring an additional 2,842 shares during the period. Jane Street Group LLC acquired a new stake in shares of Vanguard U.S. Quality Factor ETF during the second quarter valued at approximately $584,000. Bank of America Corp DE raised its holdings in shares of Vanguard U.S. Quality Factor ETF by 217.4% during the second quarter. Bank of America Corp DE now owns 8,609 shares of the company’s stock valued at $1,237,000 after acquiring an additional 5,897 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Vanguard U.S. Quality Factor ETF by 37.0% during the third quarter. JPMorgan Chase & Co. now owns 2,538 shares of the company’s stock valued at $383,000 after acquiring an additional 685 shares during the period. Finally, WealthCare Investment Partners LLC raised its holdings in shares of Vanguard U.S. Quality Factor ETF by 40.4% during the third quarter. WealthCare Investment Partners LLC now owns 2,044 shares of the company’s stock valued at $309,000 after acquiring an additional 588 shares during the period.

Vanguard U.S. Quality Factor ETF Price Performance

VFQY stock opened at $163.43 on Thursday. Vanguard U.S. Quality Factor ETF has a 52-week low of $136.98 and a 52-week high of $164.58. The company’s 50 day simple moving average is $155.99 and its 200-day simple moving average is $155.39. The firm has a market capitalization of $455.97 million, a P/E ratio of 18.39 and a beta of 1.03.

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.