Caitlin John LLC Cuts Stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Caitlin John LLC cut its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 5.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,790 shares of the company’s stock after selling 852 shares during the period. Vanguard U.S. Momentum Factor ETF accounts for 1.5% of Caitlin John LLC’s holdings, making the stock its 12th biggest holding. Caitlin John LLC owned 0.41% of Vanguard U.S. Momentum Factor ETF worth $2,267,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Financial Freedom LLC bought a new stake in shares of Vanguard U.S. Momentum Factor ETF in the fourth quarter worth about $31,000. Strategic Blueprint LLC bought a new stake in Vanguard U.S. Momentum Factor ETF in the 3rd quarter worth approximately $203,000. Pacific Sun Financial Corp purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF during the 3rd quarter worth approximately $212,000. Signature Estate & Investment Advisors LLC bought a new position in shares of Vanguard U.S. Momentum Factor ETF during the 3rd quarter valued at approximately $214,000. Finally, Wealthcare Advisory Partners LLC purchased a new position in shares of Vanguard U.S. Momentum Factor ETF in the fourth quarter valued at $223,000.

Vanguard U.S. Momentum Factor ETF Price Performance

Shares of VFMO opened at $175.63 on Thursday. The company has a market capitalization of $597.15 million, a PE ratio of 15.83 and a beta of 1.31. The stock has a fifty day simple moving average of $170.48 and a two-hundred day simple moving average of $163.70.

Vanguard U.S. Momentum Factor ETF Increases Dividend

The firm 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. This is a boost from Vanguard U.S. Momentum Factor ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, December 23rd.

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.