Raymond James Financial Services Advisors Inc. Buys Shares of 5,304 Vanguard US Multifactor ETF (BATS:VFMF)

Raymond James Financial Services Advisors Inc. bought a new stake in Vanguard US Multifactor ETF (BATS:VFMF) during the fourth quarter, Holdings Channel.com reports. The fund bought 5,304 shares of the company’s stock, valued at approximately $609,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. acquired a new stake in Vanguard US Multifactor ETF in the 1st quarter valued at approximately $31,000. Private Trust Co. NA grew its holdings in Vanguard US Multifactor ETF by 66.7% in the 3rd quarter. Private Trust Co. NA now owns 500 shares of the company’s stock valued at $52,000 after buying an additional 200 shares during the last quarter. UBS Group AG grew its holdings in Vanguard US Multifactor ETF by 40.3% in the 4th quarter. UBS Group AG now owns 588 shares of the company’s stock valued at $58,000 after buying an additional 169 shares during the last quarter. Royal Bank of Canada grew its holdings in Vanguard US Multifactor ETF by 106.1% in the 1st quarter. Royal Bank of Canada now owns 606 shares of the company’s stock valued at $63,000 after buying an additional 312 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in Vanguard US Multifactor ETF by 135.5% in the 1st quarter. Bank of America Corp DE now owns 1,884 shares of the company’s stock valued at $187,000 after buying an additional 1,084 shares during the last quarter.

Vanguard US Multifactor ETF Price Performance

VFMF opened at $119.01 on Thursday. The firm has a market cap of $246.35 million, a price-to-earnings ratio of 10.23 and a beta of 1.00. The firm has a 50-day simple moving average of $121.93 and a 200 day simple moving average of $113.19.

About Vanguard US Multifactor ETF

The Vanguard U.S. Multifactor ETF (VFMF) is an exchange-traded fund that is based on the MSCI USA Diversified Multi-Factor index. The fund is an actively-managed fund that invests in US equities exhibiting value, momentum, quality and low volatility factors. VFMF was launched on Feb 13, 2018 and is managed by Vanguard.