Vanguard US Multifactor ETF (BATS:VFMF) Reaches New 1-Year High – What’s Next?

Vanguard US Multifactor ETF (BATS:VFMF – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday. The stock traded as high as $189.21 and last traded at $187.4350, with a volume of 17,443 shares changing hands. The stock had previously closed at $186.77.

Vanguard US Multifactor ETF Price Performance

The company has a market cap of $500.62 million, a price-to-earnings ratio of 14.32 and a beta of 0.97. The company’s 50-day simple moving average is $184.31 and its 200-day simple moving average is $177.56.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Kestra Advisory Services LLC raised its position in shares of Vanguard US Multifactor ETF by 3.7% in the 1st quarter. Kestra Advisory Services LLC now owns 2,311 shares of the company’s stock valued at $358,000 after purchasing an additional 83 shares in the last quarter. JNBA Financial Advisors boosted its stake in shares of Vanguard US Multifactor ETF by 64.7% during the 2nd quarter. JNBA Financial Advisors now owns 382 shares of the company’s stock valued at $68,000 after buying an additional 150 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its stake in shares of Vanguard US Multifactor ETF by 10.4% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 2,414 shares of the company’s stock valued at $427,000 after buying an additional 227 shares during the last quarter. Studio Investment Management LLC boosted 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 valued at $376,000 after buying an additional 306 shares during the last quarter. Finally, MBM Wealth Consultants LLC acquired a new stake in shares of Vanguard US Multifactor ETF during the first quarter worth approximately $54,000.

About Vanguard US Multifactor ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for Vanguard US Multifactor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard US Multifactor ETF and related companies with MarketBeat.com's FREE daily email newsletter.