Vanguard U.S. Momentum Factor ETF $VFMO Shares Purchased by Ritholtz Wealth Management

Ritholtz Wealth Management raised its position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 5.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 628,387 shares of the company’s stock after purchasing an additional 30,641 shares during the period. Vanguard U.S. Momentum Factor ETF comprises approximately 2.3% of Ritholtz Wealth Management’s portfolio, making the stock its 10th biggest holding. Ritholtz Wealth Management owned 9.93% of Vanguard U.S. Momentum Factor ETF worth $120,396,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in VFMO. Melfa Wealth Management Inc. purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF in the 3rd quarter worth about $227,000. Versant Capital Management Inc acquired a new position in shares of Vanguard U.S. Momentum Factor ETF in the third quarter worth $27,000. Concurrent Investment Advisors LLC lifted its position in shares of Vanguard U.S. Momentum Factor ETF by 13.9% in the third quarter. Concurrent Investment Advisors LLC now owns 2,145 shares of the company’s stock valued at $411,000 after acquiring an additional 261 shares in the last quarter. Park Avenue Securities LLC boosted its stake in shares of Vanguard U.S. Momentum Factor ETF by 68.7% during the third quarter. Park Avenue Securities LLC now owns 2,385 shares of the company’s stock valued at $457,000 after acquiring an additional 971 shares during the last quarter. Finally, Kathmere Capital Management LLC increased its position in Vanguard U.S. Momentum Factor ETF by 13.0% during the 3rd quarter. Kathmere Capital Management LLC now owns 3,650 shares of the company’s stock worth $699,000 after purchasing an additional 421 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Trading Up 25.5%

BATS:VFMO opened at $206.13 on Friday. Vanguard U.S. Momentum Factor ETF has a 12-month low of $128.58 and a 12-month high of $179.56. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 22.24 and a beta of 1.08. The company’s 50-day moving average is $192.92 and its two-hundred day moving average is $186.92.

Vanguard U.S. Momentum Factor ETF Company Profile

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.