2,520 Shares in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new position in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,520 shares of the company’s stock, valued at approximately $284,000. Oppenheimer & Co. Inc. owned about 0.10% of Vanguard U.S. Momentum Factor ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. LPL Financial LLC lifted its stake in shares of Vanguard U.S. Momentum Factor ETF by 23.7% during the 1st quarter. LPL Financial LLC now owns 29,917 shares of the company’s stock worth $3,367,000 after acquiring an additional 5,727 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in Vanguard U.S. Momentum Factor ETF by 11.6% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 77,738 shares of the company’s stock valued at $8,749,000 after purchasing an additional 8,109 shares in the last quarter. Armbruster Capital Management Inc. raised its position in Vanguard U.S. Momentum Factor ETF by 32.7% during the 1st quarter. Armbruster Capital Management Inc. now owns 35,015 shares of the company’s stock valued at $3,941,000 after purchasing an additional 8,625 shares in the last quarter. Andesa Financial Management Inc. raised its position in Vanguard U.S. Momentum Factor ETF by 142.1% during the 1st quarter. Andesa Financial Management Inc. now owns 25,476 shares of the company’s stock valued at $1,434,000 after purchasing an additional 14,951 shares in the last quarter. Finally, Journey Advisory Group LLC bought a new stake in Vanguard U.S. Momentum Factor ETF during the 1st quarter valued at $2,888,000.

Vanguard U.S. Momentum Factor ETF Trading Up 0.9 %

Shares of BATS VFMO opened at $120.82 on Thursday. The firm’s fifty day moving average price is $120.65 and its two-hundred day moving average price is $115.95. The company has a market cap of $337.07 million, a price-to-earnings ratio of 11.40 and a beta of 1.01.

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.