Royal Fund Management LLC Reduces Position in Vanguard U.S. Quality Factor ETF (BATS:VFQY)

Posted by Mitch Edgeman on Jan 22nd, 2025

Royal Fund Management LLC trimmed its position in shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY – Free Report) by 73.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,981 shares of the company’s stock after selling 16,189 shares during the quarter. Royal Fund Management LLC’s holdings in Vanguard U.S. Quality Factor ETF were worth $851,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. bought a new position in shares of Vanguard U.S. Quality Factor ETF during the second quarter valued at approximately $38,000. Sanctuary Advisors LLC bought a new position in Vanguard U.S. Quality Factor ETF in the 2nd quarter valued at $339,000. First Community Trust NA purchased a new stake in Vanguard U.S. Quality Factor ETF in the third quarter worth $129,000. Mather Group LLC. bought a new stake in shares of Vanguard U.S. Quality Factor ETF during the third quarter worth $38,000. Finally, Creative Planning boosted its stake in shares of Vanguard U.S. Quality Factor ETF by 14.2% during the third quarter. Creative Planning now owns 1,748 shares of the company’s stock valued at $250,000 after purchasing an additional 217 shares during the period.

Vanguard U.S. Quality Factor ETF Stock Up 3.6 %

VFQY stock opened at $146.55 on Wednesday. The business has a 50 day moving average of $145.01 and a 200-day moving average of $141.66. The stock has a market cap of $359.05 million, a P/E ratio of 13.68 and a beta of 1.03.

Vanguard U.S. Quality Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.5285 per share. The ex-dividend date of this dividend was Monday, December 23rd. This is an increase from Vanguard U.S. Quality Factor ETF’s previous dividend of $0.37.

Vanguard U.S. Quality Factor ETF Profile

(Free Report)

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.