Cannon Wealth Management Services LLC Acquires 22,061 Shares of Vanguard U.S. Quality Factor ETF $VFQY

Cannon Wealth Management Services LLC grew its holdings in Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 493.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,534 shares of the company’s stock after purchasing an additional 22,061 shares during the period. Vanguard U.S. Quality Factor ETF comprises about 2.9% of Cannon Wealth Management Services LLC’s investment portfolio, making the stock its 13th biggest holding. Cannon Wealth Management Services LLC owned 0.95% of Vanguard U.S. Quality Factor ETF worth $4,071,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Osaic Holdings Inc. increased its holdings in shares of Vanguard U.S. Quality Factor ETF by 105.7% in the 2nd quarter. Osaic Holdings Inc. now owns 37,270 shares of the company’s stock worth $5,361,000 after purchasing an additional 19,151 shares in the last quarter. Root Financial Partners LLC boosted its stake in shares of Vanguard U.S. Quality Factor ETF by 160.8% in the 3rd quarter. Root Financial Partners LLC now owns 6,022 shares of the company’s stock worth $908,000 after buying an additional 3,713 shares during the last quarter. BIP Wealth LLC purchased a new position in shares of Vanguard U.S. Quality Factor ETF in the 4th quarter worth $586,000. Foundations Investment Advisors LLC boosted its stake in shares of Vanguard U.S. Quality Factor ETF by 2.7% in the 3rd quarter. Foundations Investment Advisors LLC now owns 126,257 shares of the company’s stock worth $19,042,000 after buying an additional 3,370 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of Vanguard U.S. Quality Factor ETF by 31.5% in the 2nd quarter. Raymond James Financial Inc. now owns 11,852 shares of the company’s stock worth $1,703,000 after buying an additional 2,842 shares during the last quarter.

Vanguard U.S. Quality Factor ETF Price Performance

VFQY stock opened at $159.35 on Monday. The company has a market cap of $444.59 million, a P/E ratio of 18.39 and a beta of 1.03. Vanguard U.S. Quality Factor ETF has a 1 year low of $121.93 and a 1 year high of $163.54. The stock’s fifty day moving average price is $153.88 and its 200-day moving average price is $153.62.

Vanguard U.S. Quality Factor ETF 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.