Pure Financial Advisors LLC Cuts Stock Holdings in Vanguard U.S. Quality Factor ETF (BATS:VFQY)

Pure Financial Advisors LLC lessened its holdings in Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 1.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 42,056 shares of the company’s stock after selling 500 shares during the period. Pure Financial Advisors LLC owned about 1.72% of Vanguard U.S. Quality Factor ETF worth $5,925,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. FSA Wealth Management LLC purchased a new stake in Vanguard U.S. Quality Factor ETF during the 3rd quarter worth $29,000. Mather Group LLC. purchased a new stake in Vanguard U.S. Quality Factor ETF during the 3rd quarter worth $38,000. Benjamin F. Edwards & Company Inc. purchased a new stake in Vanguard U.S. Quality Factor ETF during the 2nd quarter worth $38,000. Farther Finance Advisors LLC purchased a new stake in Vanguard U.S. Quality Factor ETF during the 3rd quarter worth $47,000. Finally, First Community Trust NA purchased a new stake in Vanguard U.S. Quality Factor ETF during the 3rd quarter worth $129,000.

Vanguard U.S. Quality Factor ETF Price Performance

Vanguard U.S. Quality Factor ETF stock opened at $144.74 on Tuesday. The stock has a market cap of $354.61 million, a P/E ratio of 13.68 and a beta of 1.03. The business’s 50-day moving average price is $145.03 and its two-hundred day moving average price is $141.58.

Vanguard U.S. Quality Factor ETF Increases Dividend

The company also recently disclosed 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 an increase 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.