Fortis Advisors LLC Acquires 584 Shares of Vanguard U.S. Value Factor (BATS:VFVA)

Fortis Advisors LLC lifted its holdings in Vanguard U.S. Value Factor (BATS:VFVA) by 2.2% during the fourth quarter, HoldingsChannel reports. The firm owned 26,706 shares of the company’s stock after purchasing an additional 584 shares during the period. Vanguard U.S. Value Factor comprises 2.1% of Fortis Advisors LLC’s investment portfolio, making the stock its 13th biggest position. Fortis Advisors LLC’s holdings in Vanguard U.S. Value Factor were worth $3,161,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VFVA. NewEdge Advisors LLC increased its stake in Vanguard U.S. Value Factor by 3,606.3% during the second quarter. NewEdge Advisors LLC now owns 65,305 shares of the company’s stock valued at $7,384,000 after acquiring an additional 63,543 shares during the period. Leavell Investment Management Inc. increased its stake in Vanguard U.S. Value Factor by 314.3% during the third quarter. Leavell Investment Management Inc. now owns 21,750 shares of the company’s stock valued at $2,622,000 after acquiring an additional 16,500 shares during the period. Quantinno Capital Management LP bought a new position in Vanguard U.S. Value Factor during the third quarter valued at about $352,000. Wealth Enhancement Advisory Services LLC increased its stake in Vanguard U.S. Value Factor by 73.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,415 shares of the company’s stock valued at $773,000 after acquiring an additional 2,725 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in shares of Vanguard U.S. Value Factor by 50.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 5,390 shares of the company’s stock valued at $610,000 after purchasing an additional 1,818 shares during the period.

Vanguard U.S. Value Factor Stock Performance

VFVA stock opened at $118.64 on Tuesday. The company has a market cap of $715.40 million, a price-to-earnings ratio of 8.28 and a beta of 0.96. The firm has a fifty day moving average of $123.51 and a 200 day moving average of $119.95.

Vanguard U.S. Value Factor Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were issued a $0.7542 dividend. This is an increase from Vanguard U.S. Value Factor’s previous dividend of $0.59. The ex-dividend date was Monday, December 23rd.

About Vanguard U.S. Value Factor

The Vanguard U.S. Value Factor ETF (VFVA) is an exchange-traded fund that is based on the CRSP U.S. Large Cap Value index. The fund is an actively managed fund of US equities with lower share prices relative to fundamental values, as determined by the manager. The fund seeks long-term capital appreciation.