TFB Advisors LLC Grows Stock Holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

TFB Advisors LLC raised its holdings in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 33.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,049 shares of the company’s stock after acquiring an additional 757 shares during the quarter. TFB Advisors LLC owned about 0.09% of Vanguard U.S. Momentum Factor ETF worth $501,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in VFMO. Financial Freedom LLC purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF in the fourth quarter worth about $31,000. Strategic Blueprint LLC purchased a new stake in Vanguard U.S. Momentum Factor ETF in the 3rd quarter worth approximately $203,000. Signature Estate & Investment Advisors LLC purchased a new stake in Vanguard U.S. Momentum Factor ETF in the 3rd quarter worth approximately $214,000. Wealthcare Advisory Partners LLC bought a new position in Vanguard U.S. Momentum Factor ETF in the 4th quarter valued at $223,000. Finally, Perigon Wealth Management LLC grew its position in shares of Vanguard U.S. Momentum Factor ETF by 10.3% during the 4th quarter. Perigon Wealth Management LLC now owns 1,599 shares of the company’s stock valued at $270,000 after purchasing an additional 149 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Up 5.3 %

Shares of VFMO stock opened at $172.95 on Thursday. The stock has a market capitalization of $588.02 million, a P/E ratio of 15.83 and a beta of 1.31. The stock has a 50-day simple moving average of $170.19 and a two-hundred day simple moving average of $164.38.

Vanguard U.S. Momentum Factor ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, December 26th. Shareholders of record on Monday, December 23rd were given a dividend of $0.4434 per share. The ex-dividend date was Monday, December 23rd. This is a boost 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.