Farther Finance Advisors LLC Acquires New Position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Farther Finance Advisors LLC purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 202 shares of the company’s stock, valued at approximately $33,000.

Several other large investors also recently added to or reduced their stakes in the business. PFG Advisors grew its position in shares of Vanguard U.S. Momentum Factor ETF by 8.3% in the fourth quarter. PFG Advisors now owns 4,680 shares of the company’s stock valued at $769,000 after purchasing an additional 359 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Vanguard U.S. Momentum Factor ETF during the fourth quarter valued at about $11,086,000. Noble Wealth Management PBC bought a new stake in shares of Vanguard U.S. Momentum Factor ETF in the fourth quarter valued at about $62,000. Schulz Wealth LTD. raised its stake in shares of Vanguard U.S. Momentum Factor ETF by 1.4% in the fourth quarter. Schulz Wealth LTD. now owns 85,598 shares of the company’s stock valued at $14,070,000 after purchasing an additional 1,165 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its position in shares of Vanguard U.S. Momentum Factor ETF by 41.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 322 shares of the company’s stock valued at $53,000 after acquiring an additional 95 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Down 2.5 %

BATS:VFMO opened at $160.11 on Tuesday. The firm has a market capitalization of $989.49 million, a PE ratio of 16.53 and a beta of 1.09. Vanguard U.S. Momentum Factor ETF has a 12-month low of $134.72 and a 12-month high of $179.56. The firm has a 50-day moving average price of $165.78 and a 200 day moving average price of $166.12.

Vanguard U.S. Momentum Factor ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be given a $0.3118 dividend. The ex-dividend date is Tuesday, March 25th.

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.