Armbruster Capital Management Inc. Has $49.80 Million Position in Vanguard U.S. Value Factor (BATS:VFVA)

Armbruster Capital Management Inc. grew its stake in Vanguard U.S. Value Factor (BATS:VFVA) by 0.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 420,646 shares of the company’s stock after buying an additional 3,629 shares during the quarter. Vanguard U.S. Value Factor makes up approximately 10.1% of Armbruster Capital Management Inc.’s portfolio, making the stock its largest holding. Armbruster Capital Management Inc. owned 0.07% of Vanguard U.S. Value Factor worth $49,795,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Western Pacific Wealth Management LP bought a new stake in Vanguard U.S. Value Factor during the 3rd quarter valued at approximately $128,000. National Bank of Canada FI boosted its position in shares of Vanguard U.S. Value Factor by 18.0% in the third quarter. National Bank of Canada FI now owns 1,159 shares of the company’s stock valued at $140,000 after acquiring an additional 177 shares during the period. Quantinno Capital Management LP acquired a new stake in shares of Vanguard U.S. Value Factor in the third quarter worth $352,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in Vanguard U.S. Value Factor during the fourth quarter worth $369,000. Finally, Kathmere Capital Management LLC raised its stake in Vanguard U.S. Value Factor by 2.3% during the 2nd quarter. Kathmere Capital Management LLC now owns 4,251 shares of the company’s stock valued at $481,000 after purchasing an additional 94 shares during the last quarter.

Vanguard U.S. Value Factor Trading Up 3.0 %

Shares of Vanguard U.S. Value Factor stock opened at $123.57 on Monday. The company has a market cap of $745.13 million, a P/E ratio of 8.28 and a beta of 0.96. The firm has a fifty day moving average of $122.86 and a two-hundred day moving average of $120.63.

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 paid a $0.7542 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from Vanguard U.S. Value Factor’s previous dividend of $0.59.

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.