NewEdge Advisors LLC Grows Position in Vanguard US Multifactor ETF (BATS:VFMF)

NewEdge Advisors LLC boosted its position in shares of Vanguard US Multifactor ETF (BATS:VFMF) by 22.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,431 shares of the company’s stock after acquiring an additional 1,167 shares during the period. NewEdge Advisors LLC’s holdings in Vanguard US Multifactor ETF were worth $840,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Global Retirement Partners LLC acquired a new position in shares of Vanguard US Multifactor ETF during the fourth quarter worth $26,000. Tidemark LLC acquired a new position in shares of Vanguard US Multifactor ETF during the 4th quarter worth about $36,000. Parkside Financial Bank & Trust increased its holdings in shares of Vanguard US Multifactor ETF by 35.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,321 shares of the company’s stock valued at $172,000 after acquiring an additional 349 shares during the last quarter. Brookstone Capital Management acquired a new stake in shares of Vanguard US Multifactor ETF during the 4th quarter worth about $217,000. Finally, World Investment Advisors lifted its stake in Vanguard US Multifactor ETF by 9.1% during the fourth quarter. World Investment Advisors now owns 1,924 shares of the company’s stock worth $251,000 after purchasing an additional 161 shares during the last quarter.

Vanguard US Multifactor ETF Stock Down 7.0 %

Shares of Vanguard US Multifactor ETF stock opened at $122.22 on Friday. The firm has a market capitalization of $315.34 million, a P/E ratio of 9.98 and a beta of 0.97. Vanguard US Multifactor ETF has a 52 week low of $109.46 and a 52 week high of $142.19. The firm’s 50 day moving average is $124.67 and its two-hundred day moving average is $131.29.

Vanguard US Multifactor ETF Profile

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.