Signature Estate & Investment Advisors LLC bought a new position in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO – Free Report) during the 3rd quarter, Holdings Channel reports. The firm bought 1,328 shares of the company’s stock, valued at approximately $214,000.
A number of other hedge funds also recently added to or reduced their stakes in VFMO. International Assets Investment Management LLC increased its stake in Vanguard U.S. Momentum Factor ETF by 30,610.5% in the 3rd quarter. International Assets Investment Management LLC now owns 414,285 shares of the company’s stock valued at $66,679,000 after purchasing an additional 412,936 shares in the last quarter. Systelligence LLC acquired a new stake in Vanguard U.S. Momentum Factor ETF in the second quarter valued at $13,341,000. Redhawk Wealth Advisors Inc. increased its position in shares of Vanguard U.S. Momentum Factor ETF by 253.2% in the third quarter. Redhawk Wealth Advisors Inc. now owns 18,099 shares of the company’s stock valued at $2,913,000 after buying an additional 12,975 shares in the last quarter. Ritholtz Wealth Management raised its stake in shares of Vanguard U.S. Momentum Factor ETF by 2.8% during the 3rd quarter. Ritholtz Wealth Management now owns 431,899 shares of the company’s stock worth $69,514,000 after buying an additional 11,880 shares during the last quarter. Finally, Fullcircle Wealth LLC purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF in the 2nd quarter worth about $1,076,000.
Vanguard U.S. Momentum Factor ETF Stock Performance
Shares of BATS VFMO opened at $169.44 on Friday. The company has a 50 day simple moving average of $162.80 and a 200-day simple moving average of $155.28. The firm has a market cap of $576.10 million, a PE ratio of 15.83 and a beta of 1.31.
About Vanguard U.S. Momentum Factor ETF
The Vanguard U.S. Momentum Factor ETF (VFMO) is an exchange-traded fund that is based on the MSCI USA Momentum index. Vanguard U.S. Momentum Factor ETF seeks to provide long-term capital appreciation by investing in stocks with strong recent performance as determined by the advisor. VFMO was launched on Feb 13, 2018 and is managed by Vanguard.
Further Reading
- Five stocks we like better than Vanguard U.S. Momentum Factor ETF
- How to Plot Fibonacci Price Inflection Levels
- ORIC: Working with Two Pharma Giants, Analysts See +100% Upside
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Freeport-McMoRan, Copper Demand Short-Term Pain, Long-Term Gain
- The Basics of Support and Resistance
- Time to Load Up on Home Builders?
Want to see what other hedge funds are holding VFMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard U.S. Momentum Factor ETF (BATS:VFMO – Free Report).
Receive News & Ratings for Vanguard U.S. Momentum Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard U.S. Momentum Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
