Vanguard US Multifactor ETF (BATS:VFMF) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lowered its stake in Vanguard US Multifactor ETF (BATS:VFMF) by 0.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 198,594 shares of the company’s stock after selling 1,072 shares during the quarter. Envestnet Asset Management Inc. owned about 7.70% of Vanguard US Multifactor ETF worth $25,084,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Onyx Bridge Wealth Group LLC raised its holdings in Vanguard US Multifactor ETF by 18.7% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 12,310 shares of the company’s stock worth $1,555,000 after buying an additional 1,942 shares during the period. Barnes Pettey Financial Advisors LLC increased its holdings in Vanguard US Multifactor ETF by 322.4% in the first quarter. Barnes Pettey Financial Advisors LLC now owns 11,570 shares of the company’s stock worth $1,461,000 after buying an additional 8,831 shares during the last quarter. L.M. Kohn & Company acquired a new position in Vanguard US Multifactor ETF in the first quarter worth approximately $481,000. Halbert Hargrove Global Advisors LLC increased its holdings in Vanguard US Multifactor ETF by 12,130.4% in the first quarter. Halbert Hargrove Global Advisors LLC now owns 6,849 shares of the company’s stock worth $865,000 after buying an additional 6,793 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC bought a new stake in Vanguard US Multifactor ETF during the first quarter worth approximately $264,000.

Vanguard US Multifactor ETF Price Performance

Vanguard US Multifactor ETF stock opened at $134.02 on Wednesday. The stock has a fifty day moving average price of $131.91 and a two-hundred day moving average price of $129.68. Vanguard US Multifactor ETF has a 52-week low of $109.46 and a 52-week high of $142.19. The firm has a market capitalization of $357.82 million, a P/E ratio of 14.32 and a beta of 0.97.

Vanguard US Multifactor ETF Company Profile

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.