Strategic Financial Services Inc. Has $58.50 Million Stock Holdings in Vanguard U.S. Momentum Factor ETF $VFMO

Strategic Financial Services Inc. grew its position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 1.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 284,153 shares of the company’s stock after acquiring an additional 3,874 shares during the period. Vanguard U.S. Momentum Factor ETF accounts for 2.7% of Strategic Financial Services Inc.’s portfolio, making the stock its 10th largest holding. Strategic Financial Services Inc. owned about 4.49% of Vanguard U.S. Momentum Factor ETF worth $58,496,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of VFMO. Royal Bank of Canada raised its stake 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 acquiring an additional 86 shares during the last quarter. Jane Street Group LLC raised its stake in shares of 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 acquiring an additional 8,103 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of 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 acquiring an additional 1,296 shares during the last quarter. Diversify Advisory Services LLC raised its stake in shares of 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 acquiring an additional 356 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in Vanguard U.S. Momentum Factor ETF by 6.0% in the 2nd quarter. Raymond James Financial Inc. now owns 78,675 shares of the company’s stock worth $13,573,000 after purchasing an additional 4,463 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Price Performance

VFMO stock opened at $234.71 on Wednesday. The company has a 50 day moving average price of $214.49 and a 200 day moving average price of $204.03. Vanguard U.S. Momentum Factor ETF has a fifty-two week low of $162.58 and a fifty-two week high of $235.00. The stock has a market capitalization of $1.49 billion, a PE 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.