Pure Financial Advisors LLC Buys 3,161 Shares of Vanguard U.S. Quality Factor ETF $VFQY

Pure Financial Advisors LLC raised its stake in Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 2.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 117,076 shares of the company’s stock after acquiring an additional 3,161 shares during the period. Pure Financial Advisors LLC’s holdings in Vanguard U.S. Quality Factor ETF were worth $17,961,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. boosted its stake in Vanguard U.S. Quality Factor ETF by 31.5% in the 2nd quarter. Raymond James Financial Inc. now owns 11,852 shares of the company’s stock worth $1,703,000 after purchasing an additional 2,842 shares in the last quarter. Jane Street Group LLC purchased a new stake in Vanguard U.S. Quality Factor ETF during the 2nd quarter valued at about $584,000. Bank of America Corp DE increased its stake 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 valued at $1,237,000 after purchasing an additional 5,897 shares in the last quarter. JPMorgan Chase & Co. increased its stake in 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 valued at $383,000 after purchasing an additional 685 shares in the last quarter. Finally, Cannon Wealth Management Services LLC raised its holdings in Vanguard U.S. Quality Factor ETF by 129.1% in the third quarter. Cannon Wealth Management Services LLC now owns 4,473 shares of the company’s stock worth $675,000 after buying an additional 2,521 shares during the last quarter.

Vanguard U.S. Quality Factor ETF Stock Performance

Shares of BATS VFQY opened at $167.49 on Friday. The firm’s 50 day moving average price is $161.42 and its 200-day moving average price is $157.29. The company has a market cap of $467.30 million, a PE ratio of 18.39 and a beta of 1.03. Vanguard U.S. Quality Factor ETF has a 52-week low of $137.23 and a 52-week high of $169.66.

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.