Strategic Financial Services Inc. Trims Holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Strategic Financial Services Inc. lowered its stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 3.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 264,902 shares of the company’s stock after selling 10,886 shares during the period. Vanguard U.S. Momentum Factor ETF makes up approximately 2.6% of Strategic Financial Services Inc.’s investment portfolio, making the stock its 11th largest position. Strategic Financial Services Inc. owned 7.79% of Vanguard U.S. Momentum Factor ETF worth $43,542,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Ritholtz Wealth Management lifted its stake in Vanguard U.S. Momentum Factor ETF by 2.2% during 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 in the last quarter. Systelligence LLC lifted its stake in Vanguard U.S. Momentum Factor ETF by 28.8% during the fourth quarter. Systelligence LLC now owns 95,969 shares of the company’s stock worth $15,774,000 after purchasing an additional 21,441 shares in the last quarter. Schulz Wealth LTD. lifted its stake in Vanguard U.S. Momentum Factor ETF by 1.4% during the fourth quarter. Schulz Wealth LTD. now owns 85,598 shares of the company’s stock worth $14,070,000 after purchasing an additional 1,165 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Vanguard U.S. Momentum Factor ETF during the fourth quarter worth $11,086,000. Finally, Great Valley Advisor Group Inc. lifted its stake in Vanguard U.S. Momentum Factor ETF by 86.2% during the third quarter. Great Valley Advisor Group Inc. now owns 55,408 shares of the company’s stock worth $8,918,000 after purchasing an additional 25,646 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Down 5.1 %

BATS:VFMO opened at $155.79 on Thursday. The stock’s fifty day moving average is $166.26 and its two-hundred day moving average is $165.97. Vanguard U.S. Momentum Factor ETF has a 52 week low of $134.72 and a 52 week high of $179.56. The stock has a market capitalization of $962.75 million, a price-to-earnings ratio of 16.53 and a beta of 1.09.

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.