Vanguard US Multifactor ETF (BATS:VFMF) Reaches New 52-Week High – Should You Buy?

Shares of Vanguard US Multifactor ETF (BATS:VFMF) hit a new 52-week high during trading on Wednesday. The company traded as high as $189.79 and last traded at $188.5110, with a volume of 6,652 shares. The stock had previously closed at $186.46.

Vanguard US Multifactor ETF Stock Down 4.0%

The firm’s fifty day moving average price is $184.46 and its two-hundred day moving average price is $173.05. The stock has a market capitalization of $484.28 million, a PE ratio of 14.32 and a beta of 0.97.

Hedge Funds Weigh In On Vanguard US Multifactor ETF

A number of institutional investors and hedge funds have recently modified their holdings of VFMF. JNBA Financial Advisors boosted its stake in shares of Vanguard US Multifactor ETF by 64.7% during the 2nd quarter. JNBA Financial Advisors now owns 382 shares of the company’s stock worth $68,000 after acquiring an additional 150 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Vanguard US Multifactor ETF in the 1st quarter worth $69,000. Capital Analysts LLC bought a new position in Vanguard US Multifactor ETF in the 2nd quarter worth $89,000. Farther Finance Advisors LLC bought a new position in Vanguard US Multifactor ETF in the 3rd quarter worth $103,000. Finally, Kraft Davis & Associates LLC purchased a new position in Vanguard US Multifactor ETF during the third quarter valued at $205,000.

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.