Cerity Partners LLC Takes $389,000 Position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Cerity Partners LLC purchased a new stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,366 shares of the company’s stock, valued at approximately $389,000. Cerity Partners LLC owned about 0.07% of Vanguard U.S. Momentum Factor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in VFMO. Financial Freedom LLC acquired a new stake in shares of Vanguard U.S. Momentum Factor ETF in the 4th quarter worth $31,000. Farther Finance Advisors LLC acquired a new stake in Vanguard U.S. Momentum Factor ETF during the fourth quarter worth about $33,000. Parkside Financial Bank & Trust raised its stake in Vanguard U.S. Momentum Factor ETF by 41.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 322 shares of the company’s stock worth $53,000 after purchasing an additional 95 shares during the period. Noble Wealth Management PBC purchased a new position in Vanguard U.S. Momentum Factor ETF during the fourth quarter worth about $62,000. Finally, Wealthcare Advisory Partners LLC purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF in the 4th quarter valued at approximately $223,000.

Vanguard U.S. Momentum Factor ETF Stock Performance

VFMO stock opened at $144.82 on Wednesday. The firm’s 50 day moving average price is $153.64 and its 200-day moving average price is $164.13. Vanguard U.S. Momentum Factor ETF has a one year low of $128.58 and a one year high of $179.56. The firm has a market cap of $906.54 million, a PE ratio of 15.65 and a beta of 1.08.

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.