Vanguard US Multifactor ETF (BATS:VFMF) Hits New 1-Year High – Should You Buy?

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

Vanguard US Multifactor ETF Stock Performance

The stock has a market cap of $504.04 million, a PE ratio of 14.32 and a beta of 0.97. The stock has a fifty day simple moving average of $184.27 and a two-hundred day simple moving average of $177.26.

Institutional Investors Weigh In On Vanguard US Multifactor ETF

A number of large investors have recently added to or reduced their stakes in the company. MBM Wealth Consultants LLC purchased a new stake in Vanguard US Multifactor ETF during the 1st quarter worth $54,000. JNBA Financial Advisors increased its position in shares of Vanguard US Multifactor ETF by 64.7% during the second quarter. JNBA Financial Advisors now owns 382 shares of the company’s stock worth $68,000 after acquiring an additional 150 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Vanguard US Multifactor ETF during the first quarter worth about $69,000. Capital Analysts LLC purchased a new stake in shares of Vanguard US Multifactor ETF during the second quarter worth about $89,000. Finally, Farther Finance Advisors LLC acquired a new position in shares of Vanguard US Multifactor ETF in the third quarter worth about $103,000.

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.