Cabot Wealth Management Inc. Has $18.12 Million Stock Position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Posted by Stephan Jacobs on Feb 23rd, 2025

Cabot Wealth Management Inc. cut its stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO – Free Report) by 3.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 110,231 shares of the company’s stock after selling 3,648 shares during the period. Vanguard U.S. Momentum Factor ETF makes up about 2.3% of Cabot Wealth Management Inc.’s holdings, making the stock its 10th biggest position. Cabot Wealth Management Inc. owned 3.24% of Vanguard U.S. Momentum Factor ETF worth $18,119,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Financial Freedom LLC acquired a new position in Vanguard U.S. Momentum Factor ETF in the 4th quarter worth approximately $31,000. Strategic Blueprint LLC purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF in the third quarter valued at $203,000. Signature Estate & Investment Advisors LLC acquired a new stake in shares of Vanguard U.S. Momentum Factor ETF in the third quarter worth $214,000. Wealthcare Advisory Partners LLC purchased a new position in shares of Vanguard U.S. Momentum Factor ETF during the fourth quarter valued at $223,000. Finally, Pacific Sun Financial Corp raised its position in Vanguard U.S. Momentum Factor ETF by 15.7% during the fourth quarter. Pacific Sun Financial Corp now owns 1,523 shares of the company’s stock valued at $250,000 after buying an additional 207 shares during the period.

Vanguard U.S. Momentum Factor ETF Stock Performance

Shares of Vanguard U.S. Momentum Factor ETF stock opened at $166.96 on Friday. The stock has a market cap of $567.66 million, a P/E ratio of 15.83 and a beta of 1.31. The business has a 50-day simple moving average of $170.16 and a 200-day simple moving average of $165.58.

Vanguard U.S. Momentum Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were issued a dividend of $0.4434 per share. This is a boost from Vanguard U.S. Momentum Factor ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, December 23rd.

Vanguard U.S. Momentum Factor ETF Profile

(Free Report)

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.