Oppenheimer & Co. Inc. Invests $1.27 Million in Vanguard U.S. Momentum Factor ETF $VFMO

Oppenheimer & Co. Inc. purchased a new stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 6,634 shares of the company’s stock, valued at approximately $1,269,000.

A number of other large investors also recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its stake in shares of Vanguard U.S. Momentum Factor ETF by 2.3% in the 1st 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 grew its position in shares of Vanguard U.S. Momentum Factor ETF by 219.7% during the 1st quarter. Jane Street Group LLC now owns 11,792 shares of the company’s stock worth $1,789,000 after buying an additional 8,103 shares during the period. NewEdge Advisors LLC raised its stake in shares of Vanguard U.S. Momentum Factor ETF by 4.7% during the second quarter. NewEdge Advisors LLC now owns 29,158 shares of the company’s stock worth $5,030,000 after buying an additional 1,296 shares during the last quarter. Diversify Advisory Services LLC lifted 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 buying an additional 356 shares during the period. Finally, Raymond James Financial Inc. lifted 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 buying an additional 4,463 shares during the period.

Vanguard U.S. Momentum Factor ETF Stock Performance

Shares of VFMO stock opened at $231.97 on Thursday. The firm’s 50 day moving average price is $207.63 and its two-hundred day moving average price is $200.71. Vanguard U.S. Momentum Factor ETF has a 52-week low of $154.74 and a 52-week high of $232.05. The stock has a market cap of $1.47 billion, a PE 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.