Payne Capital LLC Has $288,000 Holdings in Vanguard U.S. Momentum Factor ETF $VFMO

Payne Capital LLC lessened its stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 89.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,459 shares of the company’s stock after selling 12,633 shares during the quarter. Payne Capital LLC’s holdings in Vanguard U.S. Momentum Factor ETF were worth $288,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. MML Investors Services LLC grew its position in shares of Vanguard U.S. Momentum Factor ETF by 1.5% during the 2nd quarter. MML Investors Services LLC now owns 3,933 shares of the company’s stock worth $678,000 after buying an additional 57 shares during the period. Principal Securities Inc. raised its position in shares of Vanguard U.S. Momentum Factor ETF by 1.7% in the 4th quarter. Principal Securities Inc. now owns 3,720 shares of the company’s stock valued at $711,000 after acquiring an additional 63 shares during the period. AdvisorNet Financial Inc raised its position in shares of Vanguard U.S. Momentum Factor ETF by 4.0% in the 1st quarter. AdvisorNet Financial Inc now owns 1,664 shares of the company’s stock valued at $328,000 after acquiring an additional 64 shares during the period. Royal Bank of Canada boosted its stake in Vanguard U.S. Momentum Factor ETF by 2.3% during the 1st quarter. Royal Bank of Canada now owns 3,776 shares of the company’s stock worth $573,000 after acquiring an additional 86 shares during the last quarter. Finally, Thoroughbred Financial Services LLC boosted its stake in Vanguard U.S. Momentum Factor ETF by 1.5% during the 4th quarter. Thoroughbred Financial Services LLC now owns 6,121 shares of the company’s stock worth $1,170,000 after acquiring an additional 88 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Performance

Shares of BATS VFMO opened at $244.30 on Friday. Vanguard U.S. Momentum Factor ETF has a 52-week low of $168.38 and a 52-week high of $246.17. The stock has a market cap of $1.55 billion, a P/E ratio of 22.24 and a beta of 1.08. The firm has a 50 day moving average price of $230.06 and a 200 day moving average price of $211.56.

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.