Founders Financial Securities LLC Acquires New Holdings in Vanguard US Multifactor ETF $VFMF

Founders Financial Securities LLC bought a new stake in Vanguard US Multifactor ETF (BATS:VFMF) in the third quarter, Holdings Channel.com reports. The institutional investor bought 4,376 shares of the company’s stock, valued at approximately $781,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Brookstone Capital Management bought a new stake in Vanguard US Multifactor ETF in the third quarter worth $115,076,000. Geneos Wealth Management Inc. raised its holdings in Vanguard US Multifactor ETF by 2.6% during the first quarter. Geneos Wealth Management Inc. now owns 43,757 shares of the company’s stock valued at $6,786,000 after buying an additional 1,116 shares in the last quarter. Physician Wealth Advisors Inc. raised its holdings in Vanguard US Multifactor ETF by 519.4% during the third quarter. Physician Wealth Advisors Inc. now owns 22,664 shares of the company’s stock valued at $4,046,000 after buying an additional 19,005 shares in the last quarter. RHS Financial LLC lifted its position in shares of Vanguard US Multifactor ETF by 124.9% in the third quarter. RHS Financial LLC now owns 17,915 shares of the company’s stock worth $3,198,000 after buying an additional 9,948 shares during the last quarter. Finally, Royal Bank of Canada lifted its position in shares of Vanguard US Multifactor ETF by 4.4% in the first quarter. Royal Bank of Canada now owns 16,559 shares of the company’s stock worth $2,568,000 after buying an additional 703 shares during the last quarter.

Vanguard US Multifactor ETF Stock Down 0.9%

Shares of VFMF stock opened at $187.83 on Friday. Vanguard US Multifactor ETF has a 12 month low of $140.20 and a 12 month high of $189.60. The business’s 50 day moving average is $184.52 and its two-hundred day moving average is $172.45. The company has a market cap of $501.51 million, a PE ratio of 14.32 and a beta of 0.97.

Vanguard US Multifactor ETF Company Profile

The Vanguard U.S. Multifactor ETF (VFMF) is an exchange-traded fund that is based on the MSCI USA Diversified Multi-Factor index. The fund is an actively-managed fund that invests in US equities exhibiting value, momentum, quality and low volatility factors. VFMF was launched on Feb 13, 2018 and is managed by Vanguard.