Fifth Third Bancorp Buys New Shares in Vanguard U.S. Momentum Factor ETF $VFMO

Fifth Third Bancorp acquired a new stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMOFree Report) in the first quarter, Holdings Channel.com reports. The fund acquired 7,171 shares of the company’s stock, valued at approximately $1,413,000.

Several other large investors have also modified their holdings of VFMO. Royal Bank of Canada boosted its stake in Vanguard U.S. Momentum Factor ETF by 2.3% in the 1st quarter. Royal Bank of Canada now owns 3,776 shares of the company’s stock worth $573,000 after purchasing an additional 86 shares during the period. Jane Street Group LLC raised its stake 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 valued at $1,789,000 after purchasing an additional 8,103 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 4.7% in the second quarter. NewEdge Advisors LLC now owns 29,158 shares of the company’s stock valued at $5,030,000 after purchasing an additional 1,296 shares in the last quarter. Diversify Advisory Services LLC lifted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 12.7% in the second quarter. Diversify Advisory Services LLC now owns 3,160 shares of the company’s stock valued at $566,000 after purchasing an additional 356 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of Vanguard U.S. Momentum Factor ETF by 6.0% in the second quarter. Raymond James Financial Inc. now owns 78,675 shares of the company’s stock worth $13,573,000 after buying an additional 4,463 shares during the period.

Vanguard U.S. Momentum Factor ETF Trading Down 2.1%

Shares of BATS VFMO opened at $227.89 on Friday. Vanguard U.S. Momentum Factor ETF has a one year low of $170.02 and a one year high of $250.20. The business has a 50-day moving average price of $234.82 and a two-hundred day moving average price of $217.50. The firm has a market capitalization of $1.44 billion, a PE ratio of 22.24 and a beta of 1.08.

About Vanguard U.S. Momentum Factor ETF

(Free Report)

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.

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Want to see what other hedge funds are holding VFMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard U.S. Momentum Factor ETF (BATS:VFMOFree Report).

Institutional Ownership by Quarter for Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

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