Vanguard US Multifactor ETF (BATS:VFMF – Get Free Report) fell 0.4% during trading on Thursday. The stock traded as low as $179.86 and last traded at $180.27. 77,031 shares changed hands during mid-day trading, an increase of 125% from the average daily volume of 34,214 shares. The stock had previously closed at $180.98.
Vanguard US Multifactor ETF Price Performance
The firm’s 50-day simple moving average is $184.40 and its two-hundred day simple moving average is $173.57. The company has a market capitalization of $481.32 million, a price-to-earnings ratio of 14.32 and a beta of 0.97.
Institutional Investors Weigh In On Vanguard US Multifactor ETF
Several institutional investors have recently modified their holdings of the company. Capital Analysts LLC acquired a new stake in Vanguard US Multifactor ETF in the second quarter valued at $89,000. Studio Investment Management LLC raised its stake in shares of Vanguard US Multifactor ETF by 16.8% during the 2nd quarter. Studio Investment Management LLC now owns 2,124 shares of the company’s stock worth $376,000 after buying an additional 306 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new position in shares of Vanguard US Multifactor ETF during the 2nd quarter worth $220,000. JNBA Financial Advisors boosted its position in shares of Vanguard US Multifactor ETF by 64.7% in the 2nd quarter. JNBA Financial Advisors now owns 382 shares of the company’s stock worth $68,000 after buying an additional 150 shares in the last quarter. Finally, Capital Square LLC purchased a new stake in shares of Vanguard US Multifactor ETF in the 2nd quarter worth about $472,000.
About Vanguard US Multifactor ETF
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.
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