Lazari Capital Management Inc. Trims Position in Vanguard U.S. Momentum Factor ETF $VFMO

Lazari Capital Management Inc. lessened its position in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 3.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,591 shares of the company’s stock after selling 115 shares during the quarter. Lazari Capital Management Inc. owned 0.06% of Vanguard U.S. Momentum Factor ETF worth $620,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. JFS Wealth Advisors LLC purchased a new stake in Vanguard U.S. Momentum Factor ETF during the first quarter valued at $44,000. TrueMark Investments LLC purchased a new stake in Vanguard U.S. Momentum Factor ETF during the first quarter valued at $370,000. LPL Financial LLC increased its position in Vanguard U.S. Momentum Factor ETF by 18.9% during the first quarter. LPL Financial LLC now owns 102,003 shares of the company’s stock valued at $15,475,000 after acquiring an additional 16,220 shares during the last quarter. PFG Advisors increased its position in Vanguard U.S. Momentum Factor ETF by 6.0% during the first quarter. PFG Advisors now owns 4,960 shares of the company’s stock valued at $753,000 after acquiring an additional 280 shares during the last quarter. Finally, AdvisorNet Financial Inc increased its position in Vanguard U.S. Momentum Factor ETF by 6.0% during the first quarter. AdvisorNet Financial Inc now owns 2,017 shares of the company’s stock valued at $306,000 after acquiring an additional 115 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Performance

Vanguard U.S. Momentum Factor ETF stock opened at $190.24 on Monday. The stock has a fifty day moving average of $180.74 and a 200 day moving average of $166.82. Vanguard U.S. Momentum Factor ETF has a one year low of $128.58 and a one year high of $179.56. The stock has a market cap of $1.20 billion, a PE ratio of 22.24 and a beta of 1.08.

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.