Vanguard US Multifactor ETF (BATS:VFMF) Trading 0.2% Higher – What’s Next?

Shares of Vanguard US Multifactor ETF (BATS:VFMF) traded up 0.2% during trading on Wednesday . The company traded as high as $167.31 and last traded at $166.40. 15,440 shares were traded during mid-day trading, a decline of 30% from the average session volume of 22,118 shares. The stock had previously closed at $166.00.

Vanguard US Multifactor ETF Stock Performance

The firm has a market cap of $444.34 million, a PE ratio of 14.32 and a beta of 0.97. The stock’s 50 day simple moving average is $159.55 and its 200 day simple moving average is $153.56.

Hedge Funds Weigh In On Vanguard US Multifactor ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of VFMF. Royal Bank of Canada grew its stake in Vanguard US Multifactor ETF by 7.9% in the 1st quarter. Royal Bank of Canada now owns 14,709 shares of the company’s stock worth $1,858,000 after buying an additional 1,075 shares in the last quarter. AQR Capital Management LLC grew its stake in Vanguard US Multifactor ETF by 34.9% in the 1st quarter. AQR Capital Management LLC now owns 6,765 shares of the company’s stock worth $854,000 after buying an additional 1,750 shares in the last quarter. NewEdge Advisors LLC grew its stake in Vanguard US Multifactor ETF by 29.0% in the 2nd quarter. NewEdge Advisors LLC now owns 7,334 shares of the company’s stock worth $986,000 after buying an additional 1,647 shares in the last quarter. Raymond James Financial Inc. grew its stake in Vanguard US Multifactor ETF by 68.2% in the 2nd quarter. Raymond James Financial Inc. now owns 37,102 shares of the company’s stock worth $4,990,000 after buying an additional 15,045 shares in the last quarter. Finally, Osaic Holdings Inc. grew its stake in Vanguard US Multifactor ETF by 37.9% in the 2nd quarter. Osaic Holdings Inc. now owns 15,593 shares of the company’s stock worth $2,098,000 after buying an additional 4,283 shares in the last quarter.

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.