Beacon Financial Planning Inc. Has $2.69 Million Stake in Vanguard U.S. Quality Factor ETF (BATS:VFQY)

Beacon Financial Planning Inc. lifted its holdings in shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 2.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,089 shares of the company’s stock after purchasing an additional 491 shares during the quarter. Vanguard U.S. Quality Factor ETF accounts for about 1.6% of Beacon Financial Planning Inc.’s portfolio, making the stock its 14th biggest position. Beacon Financial Planning Inc. owned about 0.78% of Vanguard U.S. Quality Factor ETF worth $2,689,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of VFQY. FSA Wealth Management LLC acquired a new stake in Vanguard U.S. Quality Factor ETF during the 3rd quarter worth approximately $29,000. Mather Group LLC. bought a new stake in shares of Vanguard U.S. Quality Factor ETF during the third quarter worth $38,000. Farther Finance Advisors LLC bought a new stake in shares of Vanguard U.S. Quality Factor ETF during the third quarter worth $47,000. Orion Portfolio Solutions LLC acquired a new stake in shares of Vanguard U.S. Quality Factor ETF during the third quarter worth $238,000. Finally, Creative Planning lifted its position in Vanguard U.S. Quality Factor ETF by 14.2% in the 3rd quarter. Creative Planning now owns 1,748 shares of the company’s stock valued at $250,000 after acquiring an additional 217 shares in the last quarter.

Vanguard U.S. Quality Factor ETF Stock Performance

VFQY stock opened at $145.56 on Wednesday. The business’s 50-day moving average price is $145.14 and its 200-day moving average price is $142.32. The company has a market cap of $356.63 million, a PE ratio of 13.68 and a beta of 1.03.

Vanguard U.S. Quality Factor ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were given a $0.5285 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from Vanguard U.S. Quality Factor ETF’s previous dividend of $0.37.

Vanguard U.S. Quality Factor ETF Company 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.