Vanguard US Multifactor ETF (BATS:VFMF – Get Free Report) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 12,869 shares, a drop of 38.7% from the September 30th total of 20,977 shares. Based on an average trading volume of 77,167 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.5% of the company’s stock are sold short.
Vanguard US Multifactor ETF Stock Down 0.1%
Vanguard US Multifactor ETF stock opened at $187.58 on Tuesday. Vanguard US Multifactor ETF has a 12 month low of $140.20 and a 12 month high of $189.60. The stock has a market cap of $500.84 million, a P/E ratio of 14.32 and a beta of 0.97. The company’s fifty day simple moving average is $184.53 and its 200-day simple moving average is $172.61.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in VFMF. Commonwealth Equity Services LLC acquired a new stake in Vanguard US Multifactor ETF during the third quarter worth approximately $3,851,000. TFB Advisors LLC boosted its stake in Vanguard US Multifactor ETF by 10.8% in the 3rd quarter. TFB Advisors LLC now owns 21,275 shares of the company’s stock valued at $3,798,000 after purchasing an additional 2,069 shares during the period. MGO One Seven LLC boosted its stake in Vanguard US Multifactor ETF by 10.9% in the 3rd quarter. MGO One Seven LLC now owns 16,824 shares of the company’s stock valued at $3,003,000 after purchasing an additional 1,655 shares during the period. Founders Financial Securities LLC acquired a new position in Vanguard US Multifactor ETF in the 3rd quarter valued at $781,000. Finally, Victory Financial Group LLC grew its holdings in Vanguard US Multifactor ETF by 0.4% in the 3rd quarter. Victory Financial Group LLC now owns 15,217 shares of the company’s stock valued at $2,716,000 after buying an additional 61 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.
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