Vanguard U.S. Momentum Factor ETF (BATS:VFMO – Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $221.62 and last traded at $221.14, with a volume of 4170 shares trading hands. The stock had previously closed at $220.19.
Vanguard U.S. Momentum Factor ETF Price Performance
The stock has a market cap of $1.40 billion, a PE ratio of 22.24 and a beta of 1.08. The business has a fifty day moving average of $204.35 and a 200 day moving average of $198.78.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of VFMO. Royal Bank of Canada boosted its holdings in 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 during the last quarter. Jane Street Group LLC boosted its holdings in Vanguard U.S. Momentum Factor ETF by 219.7% in the first quarter. Jane Street Group LLC now owns 11,792 shares of the company’s stock valued at $1,789,000 after purchasing an additional 8,103 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Vanguard U.S. Momentum Factor ETF by 4.7% in the second quarter. NewEdge Advisors LLC now owns 29,158 shares of the company’s stock valued at $5,030,000 after purchasing an additional 1,296 shares during the last quarter. Diversify Advisory Services LLC boosted its holdings in Vanguard U.S. Momentum Factor ETF by 12.7% in the second quarter. Diversify Advisory Services LLC now owns 3,160 shares of the company’s stock valued at $566,000 after purchasing an additional 356 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in Vanguard U.S. Momentum Factor ETF by 6.0% in the second quarter. Raymond James Financial Inc. now owns 78,675 shares of the company’s stock valued at $13,573,000 after purchasing an additional 4,463 shares during the last quarter.
About Vanguard U.S. Momentum Factor ETF
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.
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