Cedar Point Capital Partners LLC Increases Stock Holdings in Vanguard US Multifactor ETF $VFMF

Cedar Point Capital Partners LLC grew its position in Vanguard US Multifactor ETF (BATS:VFMF) by 5.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,377 shares of the company’s stock after buying an additional 497 shares during the quarter. Vanguard US Multifactor ETF accounts for approximately 0.9% of Cedar Point Capital Partners LLC’s holdings, making the stock its 26th biggest holding. Cedar Point Capital Partners LLC owned 0.39% of Vanguard US Multifactor ETF worth $1,311,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. TFB Advisors LLC increased its position in shares of Vanguard US Multifactor ETF by 57.0% in the first quarter. TFB Advisors LLC now owns 8,473 shares of the company’s stock valued at $1,070,000 after buying an additional 3,075 shares in the last quarter. Geneos Wealth Management Inc. increased its position in Vanguard US Multifactor ETF by 390.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 50,957 shares of the company’s stock worth $6,436,000 after purchasing an additional 40,570 shares in the last quarter. LPL Financial LLC increased its position in Vanguard US Multifactor ETF by 11.0% during the 1st quarter. LPL Financial LLC now owns 76,057 shares of the company’s stock worth $9,607,000 after purchasing an additional 7,566 shares in the last quarter. Baron Silver Stevens Financial Advisors LLC increased its position in Vanguard US Multifactor ETF by 11.0% during the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 26,618 shares of the company’s stock worth $3,362,000 after purchasing an additional 2,634 shares in the last quarter. Finally, Kestra Private Wealth Services LLC increased its position in Vanguard US Multifactor ETF by 28.8% during the 1st quarter. Kestra Private Wealth Services LLC now owns 2,542 shares of the company’s stock worth $321,000 after purchasing an additional 569 shares in the last quarter.

Vanguard US Multifactor ETF Trading Up 14.4%

Vanguard US Multifactor ETF stock opened at $141.9650 on Friday. The stock has a market cap of $379.05 million, a PE ratio of 14.32 and a beta of 0.97. The stock has a 50-day moving average price of $135.42 and a 200 day moving average price of $130.36. Vanguard US Multifactor ETF has a 52 week low of $109.46 and a 52 week high of $142.19.

Vanguard US Multifactor ETF Profile

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.