Great Valley Advisor Group Inc. Boosts Stock Position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Great Valley Advisor Group Inc. lifted its position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 86.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,408 shares of the company’s stock after purchasing an additional 25,646 shares during the quarter. Great Valley Advisor Group Inc. owned about 1.63% of Vanguard U.S. Momentum Factor ETF worth $8,918,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of VFMO. Ritholtz Wealth Management lifted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 2.8% in the 3rd quarter. Ritholtz Wealth Management now owns 431,899 shares of the company’s stock valued at $69,514,000 after buying an additional 11,880 shares during the period. International Assets Investment Management LLC lifted its stake in shares of Vanguard U.S. Momentum Factor ETF by 30,610.5% in the 3rd quarter. International Assets Investment Management LLC now owns 414,285 shares of the company’s stock valued at $66,679,000 after purchasing an additional 412,936 shares during the period. Davidson Investment Advisors boosted its holdings in Vanguard U.S. Momentum Factor ETF by 2.1% during the second quarter. Davidson Investment Advisors now owns 207,576 shares of the company’s stock worth $31,178,000 after buying an additional 4,256 shares in the last quarter. Systelligence LLC acquired a new stake in Vanguard U.S. Momentum Factor ETF during the second quarter valued at $13,341,000. Finally, Schulz Wealth LTD. increased its holdings 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 valued at $13,589,000 after buying an additional 2,970 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Performance

VFMO stock opened at $177.06 on Friday. The stock has a market cap of $602.00 million, a price-to-earnings ratio of 15.83 and a beta of 1.31. The stock’s 50-day moving average price is $164.45 and its 200-day moving average price is $155.98.

Vanguard U.S. Momentum Factor ETF 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.