Wealthcare Advisory Partners LLC Buys Shares of 1,358 Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Wealthcare Advisory Partners LLC purchased a new position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 1,358 shares of the company’s stock, valued at approximately $223,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Ritholtz Wealth Management lifted its position in Vanguard U.S. Momentum Factor ETF by 2.2% in the fourth quarter. Ritholtz Wealth Management now owns 441,345 shares of the company’s stock worth $72,544,000 after purchasing an additional 9,446 shares during the period. International Assets Investment Management LLC boosted its stake in Vanguard U.S. Momentum Factor ETF by 30,610.5% during the third quarter. International Assets Investment Management LLC now owns 414,285 shares of the company’s stock valued at $66,679,000 after buying an additional 412,936 shares in the last quarter. Schulz Wealth LTD. raised its position in Vanguard U.S. Momentum Factor ETF by 3.6% in the third quarter. Schulz Wealth LTD. now owns 84,433 shares of the company’s stock worth $13,589,000 after acquiring an additional 2,970 shares in the last quarter. Great Valley Advisor Group Inc. lifted its holdings in Vanguard U.S. Momentum Factor ETF by 86.2% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 55,408 shares of the company’s stock valued at $8,918,000 after acquiring an additional 25,646 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. grew its stake in shares of Vanguard U.S. Momentum Factor ETF by 4.1% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 18,840 shares of the company’s stock worth $3,097,000 after purchasing an additional 741 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Trading Up 5.9 %

VFMO stock opened at $173.81 on Wednesday. The firm has a market capitalization of $590.94 million, a price-to-earnings ratio of 15.83 and a beta of 1.31. The company’s 50 day simple moving average is $170.77 and its 200 day simple moving average is $162.33.

Vanguard U.S. Momentum Factor ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were given a dividend of $0.4434 per share. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from Vanguard U.S. Momentum Factor ETF’s previous dividend of $0.15.

Vanguard U.S. Momentum Factor ETF Company Profile

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.