Sagespring Wealth Partners LLC Acquires Shares of 11,113 Vanguard U.S. Momentum Factor ETF $VFMO

Sagespring Wealth Partners LLC bought a new position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 11,113 shares of the company’s stock, valued at approximately $2,129,000. Sagespring Wealth Partners LLC owned approximately 0.18% of Vanguard U.S. Momentum Factor ETF as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of VFMO. MML Investors Services LLC grew its stake in Vanguard U.S. Momentum Factor ETF by 1.5% in the 2nd quarter. MML Investors Services LLC now owns 3,933 shares of the company’s stock valued at $678,000 after buying an additional 57 shares in the last quarter. Focus Partners Advisor Solutions LLC boosted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 1.2% in the second quarter. Focus Partners Advisor Solutions LLC now owns 5,370 shares of the company’s stock worth $926,000 after acquiring an additional 64 shares during the period. IAM Advisory LLC boosted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 0.8% in the third quarter. IAM Advisory LLC now owns 8,375 shares of the company’s stock worth $1,605,000 after acquiring an additional 65 shares during the period. Royal Bank of Canada grew its position in shares of Vanguard U.S. Momentum Factor ETF by 2.3% in the first quarter. Royal Bank of Canada now owns 3,776 shares of the company’s stock valued at $573,000 after purchasing an additional 86 shares in the last quarter. Finally, International Assets Investment Management LLC raised its stake in shares of Vanguard U.S. Momentum Factor ETF by 0.9% during the 2nd quarter. International Assets Investment Management LLC now owns 9,923 shares of the company’s stock valued at $1,712,000 after purchasing an additional 89 shares during the period.

Vanguard U.S. Momentum Factor ETF Stock Performance

Shares of VFMO opened at $206.45 on Monday. Vanguard U.S. Momentum Factor ETF has a 52-week low of $128.58 and a 52-week high of $179.56. The stock’s 50-day simple moving average is $195.01 and its 200 day simple moving average is $188.58. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of 22.24 and a beta of 1.08.

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.