M Holdings Securities Inc. Invests $2.52 Million in Vanguard U.S. Quality Factor ETF $VFQY

M Holdings Securities Inc. bought a new position in shares of Vanguard U.S. Quality Factor ETF (BATS:VFQY) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 16,417 shares of the company’s stock, valued at approximately $2,519,000. M Holdings Securities Inc. owned approximately 0.59% of Vanguard U.S. Quality Factor ETF as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Cannon Wealth Management Services LLC grew its holdings in shares of Vanguard U.S. Quality Factor ETF by 493.2% during the 4th quarter. Cannon Wealth Management Services LLC now owns 26,534 shares of the company’s stock worth $4,071,000 after purchasing an additional 22,061 shares in the last quarter. BIP Wealth LLC acquired a new stake in shares of Vanguard U.S. Quality Factor ETF during the 4th quarter worth $586,000. Pure Financial Advisors LLC grew its holdings in shares of Vanguard U.S. Quality Factor ETF by 2.8% during the 4th quarter. Pure Financial Advisors LLC now owns 117,076 shares of the company’s stock worth $17,961,000 after purchasing an additional 3,161 shares in the last quarter. Foundations Investment Advisors LLC grew its holdings in shares of Vanguard U.S. Quality Factor ETF by 2.8% during the 4th quarter. Foundations Investment Advisors LLC now owns 129,734 shares of the company’s stock worth $19,902,000 after purchasing an additional 3,477 shares in the last quarter. Finally, Vise Technologies Inc. grew its holdings in shares of Vanguard U.S. Quality Factor ETF by 164.6% during the 4th quarter. Vise Technologies Inc. now owns 5,533 shares of the company’s stock worth $849,000 after purchasing an additional 3,442 shares in the last quarter.

Vanguard U.S. Quality Factor ETF Stock Down 0.8%

BATS:VFQY opened at $163.41 on Thursday. The stock’s 50-day simple moving average is $159.14 and its 200 day simple moving average is $156.52. The firm has a market capitalization of $455.91 million, a PE ratio of 18.39 and a beta of 1.03. Vanguard U.S. Quality Factor ETF has a twelve month low of $137.23 and a twelve month high of $166.22.

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.