Beacon Financial Planning Inc. Buys 491 Shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY)

Beacon Financial Planning Inc. raised its stake in Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 2.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,089 shares of the company’s stock after purchasing an additional 491 shares during the quarter. Vanguard U.S. Quality Factor ETF makes up about 1.6% of Beacon Financial Planning Inc.’s portfolio, making the stock its 14th biggest holding. Beacon Financial Planning Inc.’s holdings in Vanguard U.S. Quality Factor ETF were worth $2,689,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the stock. Synergy Asset Management LLC boosted its holdings in shares of Vanguard U.S. Quality Factor ETF by 99.7% in the 4th quarter. Synergy Asset Management LLC now owns 3,808 shares of the company’s stock valued at $540,000 after buying an additional 1,901 shares during the last quarter. Foundations Investment Advisors LLC lifted its stake in Vanguard U.S. Quality Factor ETF by 7.6% in the fourth quarter. Foundations Investment Advisors LLC now owns 112,696 shares of the company’s stock valued at $15,878,000 after acquiring an additional 7,947 shares during the last quarter. Kingswood Wealth Advisors LLC increased its stake in shares of Vanguard U.S. Quality Factor ETF by 100.0% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 4,000 shares of the company’s stock worth $564,000 after purchasing an additional 2,000 shares during the last quarter. Armbruster Capital Management Inc. increased its stake 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 during the last quarter. Finally, Cedar Point Capital Partners LLC lifted its stake in Vanguard U.S. Quality Factor ETF by 0.4% in the 4th quarter. Cedar Point Capital Partners LLC now owns 68,241 shares of the company’s stock valued at $9,614,000 after purchasing an additional 267 shares during the last quarter.

Vanguard U.S. Quality Factor ETF Trading Up 2.9 %

Shares of BATS VFQY opened at $145.56 on Wednesday. The stock’s fifty day simple moving average is $145.14 and its 200 day simple moving average is $142.32. The firm has a market capitalization of $356.63 million, a P/E 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.

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.