Envestnet Portfolio Solutions Inc. Sells 919 Shares of Vanguard U.S. Quality Factor ETF $VFQY

Envestnet Portfolio Solutions Inc. reduced its stake in Vanguard U.S. Quality Factor ETF (BATS:VFQY) by 13.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,021 shares of the company’s stock after selling 919 shares during the period. Envestnet Portfolio Solutions Inc. owned 0.22% of Vanguard U.S. Quality Factor ETF worth $865,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JNBA Financial Advisors grew its holdings in shares of Vanguard U.S. Quality Factor ETF by 47.6% during the second quarter. JNBA Financial Advisors now owns 214 shares of the company’s stock valued at $31,000 after buying an additional 69 shares during the last quarter. Synergy Asset Management LLC acquired a new position in shares of Vanguard U.S. Quality Factor ETF during the second quarter valued at about $206,000. WealthCare Investment Partners LLC acquired a new position in shares of Vanguard U.S. Quality Factor ETF during the second quarter valued at about $214,000. Apollon Wealth Management LLC acquired a new position in shares of Vanguard U.S. Quality Factor ETF during the first quarter valued at about $246,000. Finally, Thoroughbred Financial Services LLC acquired a new position in shares of Vanguard U.S. Quality Factor ETF during the first quarter valued at about $288,000.

Vanguard U.S. Quality Factor ETF Price Performance

Shares of BATS VFQY opened at $149.13 on Monday. The stock has a market capitalization of $416.07 million, a P/E ratio of 18.39 and a beta of 1.03. The company has a 50-day moving average price of $150.10 and a 200-day moving average price of $142.22. Vanguard U.S. Quality Factor ETF has a 1 year low of $116.51 and a 1 year high of $150.37.

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.