Vanguard U.S. Momentum Factor ETF $VFMO Shares Bought by Ritholtz Wealth Management

Ritholtz Wealth Management grew its stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 1.4% in the 3rd quarter, Holdings Channel reports. The firm owned 748,334 shares of the company’s stock after acquiring an additional 10,691 shares during the quarter. Vanguard U.S. Momentum Factor ETF comprises approximately 2.4% of Ritholtz Wealth Management’s holdings, making the stock its 9th biggest position. Ritholtz Wealth Management owned 0.12% of Vanguard U.S. Momentum Factor ETF worth $169,924,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. IFP Advisors Inc lifted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 3,357.1% in the 2nd quarter. IFP Advisors Inc now owns 3,630 shares of the company’s stock worth $906,000 after purchasing an additional 3,525 shares during the last quarter. Kestra Private Wealth Services LLC acquired a new position in Vanguard U.S. Momentum Factor ETF during the 3rd quarter valued at approximately $1,809,000. NewEdge Advisors LLC grew its stake in Vanguard U.S. Momentum Factor ETF by 9.3% during the 2nd quarter. NewEdge Advisors LLC now owns 40,946 shares of the company’s stock worth $10,216,000 after buying an additional 3,473 shares during the last quarter. Tidal Investments LLC bought a new position in Vanguard U.S. Momentum Factor ETF during the 2nd quarter worth $1,559,000. Finally, Quantinno Capital Management LP grew its stake in Vanguard U.S. Momentum Factor ETF by 382.0% during the 1st quarter. Quantinno Capital Management LP now owns 5,881 shares of the company’s stock worth $1,159,000 after buying an additional 4,661 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Price Performance

Shares of BATS VFMO opened at $216.64 on Thursday. The firm has a market capitalization of $1.86 billion, a PE ratio of 17.59 and a beta of 1.13. Vanguard U.S. Momentum Factor ETF has a 1-year low of $174.61 and a 1-year high of $250.20. The business’s fifty day moving average price is $223.38 and its two-hundred day moving average price is $221.58.

About Vanguard U.S. Momentum Factor ETF

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.