Quantinno Capital Management LP increased its position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO – Free Report) by 382.0% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 5,881 shares of the company’s stock after purchasing an additional 4,661 shares during the period. Quantinno Capital Management LP’s holdings in Vanguard U.S. Momentum Factor ETF were worth $1,159,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MML Investors Services LLC boosted its position in shares of Vanguard U.S. Momentum Factor ETF by 1.5% in the second quarter. MML Investors Services LLC now owns 3,933 shares of the company’s stock worth $678,000 after buying an additional 57 shares during the period. Principal Securities Inc. raised its position in Vanguard U.S. Momentum Factor ETF by 1.7% during the fourth quarter. Principal Securities Inc. now owns 3,720 shares of the company’s stock valued at $711,000 after buying an additional 63 shares during the period. AdvisorNet Financial Inc raised its position in Vanguard U.S. Momentum Factor ETF by 4.0% during the first quarter. AdvisorNet Financial Inc now owns 1,664 shares of the company’s stock valued at $328,000 after buying an additional 64 shares during the period. International Assets Investment Management LLC lifted its stake in Vanguard U.S. Momentum Factor ETF by 0.7% in the 1st quarter. International Assets Investment Management LLC now owns 9,348 shares of the company’s stock worth $1,872,000 after acquiring an additional 65 shares in the last quarter. Finally, Royal Bank of Canada lifted 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 acquiring an additional 86 shares in the last quarter.
Vanguard U.S. Momentum Factor ETF Stock Performance
VFMO stock opened at $238.90 on Friday. The firm has a 50 day simple moving average of $234.34 and a 200 day simple moving average of $220.17. Vanguard U.S. Momentum Factor ETF has a 52 week low of $172.91 and a 52 week high of $250.20. The stock has a market cap of $1.51 billion, a P/E ratio of 22.24 and a beta of 1.08.
Vanguard U.S. Momentum Factor ETF 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.
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