Commonwealth Equity Services LLC Buys 2,675 Shares of Vanguard U.S. Momentum Factor ETF $VFMO

Commonwealth Equity Services LLC lifted its stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 15.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 19,708 shares of the company’s stock after acquiring an additional 2,675 shares during the period. Commonwealth Equity Services LLC owned approximately 0.31% of Vanguard U.S. Momentum Factor ETF worth $3,769,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Ritholtz Wealth Management lifted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 3.6% during the 4th quarter. Ritholtz Wealth Management now owns 651,008 shares of the company’s stock worth $124,505,000 after acquiring an additional 22,621 shares during the last quarter. Strategic Financial Services Inc. lifted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 1.4% during the 4th quarter. Strategic Financial Services Inc. now owns 284,153 shares of the company’s stock worth $58,496,000 after acquiring an additional 3,874 shares during the last quarter. Davidson Investment Advisors lifted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 4.9% during the 4th quarter. Davidson Investment Advisors now owns 146,589 shares of the company’s stock worth $28,035,000 after acquiring an additional 6,811 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 35.0% during the 4th quarter. LPL Financial LLC now owns 140,128 shares of the company’s stock worth $26,800,000 after acquiring an additional 36,308 shares during the last quarter. Finally, Cabot Wealth Management Inc. lifted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 5.6% during the 4th quarter. Cabot Wealth Management Inc. now owns 114,327 shares of the company’s stock worth $21,865,000 after acquiring an additional 6,098 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Performance

BATS VFMO opened at $230.10 on Tuesday. Vanguard U.S. Momentum Factor ETF has a 52-week low of $163.88 and a 52-week high of $239.10. The company has a market capitalization of $1.46 billion, a P/E ratio of 22.24 and a beta of 1.08. The company has a fifty day moving average of $220.96 and a 200-day moving average of $206.93.

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.