Vanguard U.S. Momentum Factor ETF (BATS:VFMO) Shares Sold by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management cut its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 0.9% during the fourth quarter, HoldingsChannel reports. The firm owned 62,657 shares of the company’s stock after selling 590 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Vanguard U.S. Momentum Factor ETF were worth $10,299,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of VFMO. Ritholtz Wealth Management grew its holdings in shares of 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 buying an additional 9,446 shares during the last quarter. International Assets Investment Management LLC grew 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 last quarter. Schulz Wealth LTD. increased its holdings in shares of 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 purchasing an additional 2,970 shares during the period. Great Valley Advisor Group Inc. raised its stake in shares of 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 during the last quarter. Finally, Lincoln Capital Corp lifted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 0.6% during the fourth quarter. Lincoln Capital Corp now owns 26,866 shares of the company’s stock worth $4,416,000 after purchasing an additional 151 shares during the period.

Vanguard U.S. Momentum Factor ETF Trading Up 6.3 %

BATS:VFMO opened at $174.58 on Monday. The stock has a market cap of $593.57 million, a price-to-earnings ratio of 15.83 and a beta of 1.31. The firm has a fifty day moving average price of $170.90 and a two-hundred day moving average price of $162.82.

Vanguard U.S. Momentum Factor ETF Increases Dividend

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