Certus Wealth Management LLC Makes New Investment in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Certus Wealth Management LLC bought a new stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,375 shares of the company’s stock, valued at approximately $1,472,000. Vanguard U.S. Momentum Factor ETF comprises about 1.0% of Certus Wealth Management LLC’s portfolio, making the stock its 21st biggest holding. Certus Wealth Management LLC owned approximately 0.25% of Vanguard U.S. Momentum Factor ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Financial Freedom LLC purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF during the 4th quarter worth $31,000. Farther Finance Advisors LLC acquired a new position in shares of Vanguard U.S. Momentum Factor ETF during the fourth quarter worth about $33,000. Parkside Financial Bank & Trust increased its stake in shares of Vanguard U.S. Momentum Factor ETF by 41.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 322 shares of the company’s stock worth $53,000 after acquiring an additional 95 shares during the period. Noble Wealth Management PBC acquired a new position in Vanguard U.S. Momentum Factor ETF during the fourth quarter worth about $62,000. Finally, Wealthcare Advisory Partners LLC acquired a new position in Vanguard U.S. Momentum Factor ETF during the fourth quarter worth about $223,000.

Vanguard U.S. Momentum Factor ETF Price Performance

Shares of BATS VFMO opened at $155.79 on Thursday. The company has a market capitalization of $962.75 million, a PE ratio of 16.53 and a beta of 1.09. The firm’s 50-day moving average is $166.26 and its two-hundred day moving average is $165.97. Vanguard U.S. Momentum Factor ETF has a 12-month low of $134.72 and a 12-month high of $179.56.

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.