Mercer Global Advisors Inc. ADV Sells 322 Shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Mercer Global Advisors Inc. ADV lessened its stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 4.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,578 shares of the company’s stock after selling 322 shares during the period. Mercer Global Advisors Inc. ADV owned about 0.19% of Vanguard U.S. Momentum Factor ETF worth $988,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Mather Group LLC. bought a new stake in shares of Vanguard U.S. Momentum Factor ETF during the 2nd quarter worth approximately $75,000. Cambridge Trust Co. bought a new stake in Vanguard U.S. Momentum Factor ETF during the first quarter worth $76,000. International Assets Investment Management LLC bought a new stake in Vanguard U.S. Momentum Factor ETF during the second quarter worth $203,000. Harbour Investments Inc. lifted its stake in Vanguard U.S. Momentum Factor ETF by 121.1% in the second quarter. Harbour Investments Inc. now owns 1,528 shares of the company’s stock valued at $230,000 after acquiring an additional 837 shares during the last quarter. Finally, TFB Advisors LLC bought a new position in shares of Vanguard U.S. Momentum Factor ETF in the 2nd quarter valued at about $231,000.

Vanguard U.S. Momentum Factor ETF Stock Down 0.5 %

Vanguard U.S. Momentum Factor ETF stock opened at $159.89 on Thursday. The firm has a market cap of $543.63 million, a price-to-earnings ratio of 15.83 and a beta of 1.31. The business’s fifty day moving average price is $153.83 and its 200-day moving average price is $150.58.

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.