Cedar Point Capital Partners LLC Buys Shares of 9,088 Vanguard US Multifactor ETF (BATS:VFMF)

Cedar Point Capital Partners LLC bought a new stake in shares of Vanguard US Multifactor ETF (BATS:VFMF) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 9,088 shares of the company’s stock, valued at approximately $1,044,000. Vanguard US Multifactor ETF comprises about 0.9% of Cedar Point Capital Partners LLC’s investment portfolio, making the stock its 25th largest holding. Cedar Point Capital Partners LLC owned about 0.55% of Vanguard US Multifactor ETF as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Private Trust Co. NA grew its position in shares of Vanguard US Multifactor ETF by 66.7% during the third quarter. Private Trust Co. NA now owns 500 shares of the company’s stock worth $52,000 after acquiring an additional 200 shares during the last quarter. Parkside Financial Bank & Trust grew its position in shares of Vanguard US Multifactor ETF by 403.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 972 shares of the company’s stock worth $112,000 after acquiring an additional 779 shares during the last quarter. Insigneo Advisory Services LLC bought a new position in shares of Vanguard US Multifactor ETF during the third quarter worth about $238,000. Envestnet Portfolio Solutions Inc. bought a new position in shares of Vanguard US Multifactor ETF during the third quarter worth about $532,000. Finally, Raymond James Financial Services Advisors Inc. bought a new position in shares of Vanguard US Multifactor ETF during the fourth quarter worth about $609,000.

Vanguard US Multifactor ETF Trading Up 0.6 %

Shares of Vanguard US Multifactor ETF stock traded up $0.71 during trading on Friday, hitting $122.07. 2,281 shares of the stock were exchanged. The company has a 50 day moving average of $122.25 and a two-hundred day moving average of $113.91. The stock has a market cap of $252.68 million, a PE ratio of 10.23 and a beta of 1.00.

About Vanguard US Multifactor ETF

The Vanguard U.S. Multifactor ETF (VFMF) is an exchange-traded fund that is based on the MSCI USA Diversified Multi-Factor index. The fund is an actively-managed fund that invests in US equities exhibiting value, momentum, quality and low volatility factors. VFMF was launched on Feb 13, 2018 and is managed by Vanguard.