Vanguard U.S. Momentum Factor ETF (BATS:VFMO) Stock Position Decreased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 1.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,449 shares of the company’s stock after selling 786 shares during the quarter. Envestnet Asset Management Inc. owned 1.29% of Vanguard U.S. Momentum Factor ETF worth $12,205,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of VFMO. Cetera Investment Advisers boosted its position in shares of Vanguard U.S. Momentum Factor ETF by 4,627.1% in the fourth quarter. Cetera Investment Advisers now owns 270,390 shares of the company’s stock worth $44,444,000 after buying an additional 264,670 shares during the period. Systelligence LLC boosted its position in shares of Vanguard U.S. Momentum Factor ETF by 51.4% in the first quarter. Systelligence LLC now owns 145,318 shares of the company’s stock worth $22,046,000 after buying an additional 49,349 shares during the period. Ritholtz Wealth Management boosted its position in shares of Vanguard U.S. Momentum Factor ETF by 8.7% in the first quarter. Ritholtz Wealth Management now owns 479,873 shares of the company’s stock worth $72,802,000 after buying an additional 38,528 shares during the period. LPL Financial LLC boosted its position in shares of Vanguard U.S. Momentum Factor ETF by 40.7% in the fourth quarter. LPL Financial LLC now owns 85,783 shares of the company’s stock worth $14,100,000 after buying an additional 24,804 shares during the period. Finally, Great Valley Advisor Group Inc. boosted its position in shares of Vanguard U.S. Momentum Factor ETF by 40.4% in the fourth quarter. Great Valley Advisor Group Inc. now owns 77,817 shares of the company’s stock worth $12,791,000 after buying an additional 22,409 shares during the period.

Vanguard U.S. Momentum Factor ETF Trading Up 7.1%

Shares of BATS:VFMO opened at $175.88 on Friday. Vanguard U.S. Momentum Factor ETF has a 1 year low of $128.58 and a 1 year high of $179.56. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of 22.24 and a beta of 1.08. The business has a fifty day simple moving average of $167.63 and a 200 day simple moving average of $162.14.

About Vanguard U.S. Momentum Factor ETF

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.