Farther Finance Advisors LLC Raises Stock Position in Vanguard U.S. Momentum Factor ETF $VFMO

Farther Finance Advisors LLC raised its stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 14,481.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 14,581 shares of the company’s stock after purchasing an additional 14,481 shares during the period. Farther Finance Advisors LLC’s holdings in Vanguard U.S. Momentum Factor ETF were worth $2,789,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Royal Bank of Canada grew its holdings in shares of Vanguard U.S. Momentum Factor ETF by 2.3% in the first quarter. Royal Bank of Canada now owns 3,776 shares of the company’s stock valued at $573,000 after purchasing an additional 86 shares in the last quarter. Jane Street Group LLC grew its holdings in Vanguard U.S. Momentum Factor ETF by 219.7% during the 1st quarter. Jane Street Group LLC now owns 11,792 shares of the company’s stock worth $1,789,000 after acquiring an additional 8,103 shares in the last quarter. NewEdge Advisors LLC grew its holdings in Vanguard U.S. Momentum Factor ETF by 4.7% during the 2nd quarter. NewEdge Advisors LLC now owns 29,158 shares of the company’s stock worth $5,030,000 after acquiring an additional 1,296 shares in the last quarter. Diversify Advisory Services LLC grew its holdings in Vanguard U.S. Momentum Factor ETF by 12.7% during the 2nd quarter. Diversify Advisory Services LLC now owns 3,160 shares of the company’s stock worth $566,000 after acquiring an additional 356 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in Vanguard U.S. Momentum Factor ETF by 6.0% during the 2nd quarter. Raymond James Financial Inc. now owns 78,675 shares of the company’s stock worth $13,573,000 after acquiring an additional 4,463 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Up 1.5%

BATS VFMO opened at $220.18 on Friday. Vanguard U.S. Momentum Factor ETF has a 52 week low of $138.80 and a 52 week high of $220.90. The stock has a market capitalization of $1.39 billion, a PE ratio of 22.24 and a beta of 1.08. The firm has a 50 day moving average of $204.12 and a two-hundred day moving average of $198.54.

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.