Vanguard U.S. Momentum Factor ETF $VFMO Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC boosted its position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 0.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,923 shares of the company’s stock after purchasing an additional 89 shares during the quarter. International Assets Investment Management LLC’s holdings in Vanguard U.S. Momentum Factor ETF were worth $1,712,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in VFMO. Ritholtz Wealth Management raised its stake in Vanguard U.S. Momentum Factor ETF by 24.6% in the 2nd quarter. Ritholtz Wealth Management now owns 597,746 shares of the company’s stock valued at $103,123,000 after purchasing an additional 117,873 shares during the last quarter. Financial Partners Group Inc acquired a new position in Vanguard U.S. Momentum Factor ETF in the 1st quarter valued at about $9,062,000. Systelligence LLC raised its stake in Vanguard U.S. Momentum Factor ETF by 51.4% in the 1st quarter. Systelligence LLC now owns 145,318 shares of the company’s stock valued at $22,046,000 after purchasing an additional 49,349 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in Vanguard U.S. Momentum Factor ETF by 51.5% in the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 107,518 shares of the company’s stock valued at $18,549,000 after purchasing an additional 36,548 shares during the last quarter. Finally, Betterment LLC acquired a new position in Vanguard U.S. Momentum Factor ETF in the 1st quarter valued at about $3,186,000.

Vanguard U.S. Momentum Factor ETF Trading Up 17.6%

Shares of VFMO stock opened at $193.06 on Monday. The firm has a 50-day moving average price of $186.39 and a 200 day moving average price of $171.02. Vanguard U.S. Momentum Factor ETF has a twelve month low of $128.58 and a twelve month high of $179.56. The company has a market capitalization of $1.22 billion, a price-to-earnings 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.