Vanguard U.S. Momentum Factor ETF (BATS:VFMO) Holdings Raised by LPL Financial LLC

LPL Financial LLC increased its holdings in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 18.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,003 shares of the company’s stock after buying an additional 16,220 shares during the quarter. LPL Financial LLC owned 1.63% of Vanguard U.S. Momentum Factor ETF worth $15,475,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Cetera Investment Advisers increased its stake 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 purchasing an additional 264,670 shares during the period. Financial Partners Group Inc acquired a new position in shares of Vanguard U.S. Momentum Factor ETF in the 1st quarter worth approximately $9,062,000. Systelligence LLC boosted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 51.4% in the 1st quarter. Systelligence LLC now owns 145,318 shares of the company’s stock worth $22,046,000 after acquiring an additional 49,349 shares in the last quarter. Ritholtz Wealth Management boosted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 8.7% in the 1st quarter. Ritholtz Wealth Management now owns 479,873 shares of the company’s stock worth $72,802,000 after acquiring an additional 38,528 shares in the last quarter. Finally, Great Valley Advisor Group Inc. raised its position in Vanguard U.S. Momentum Factor ETF by 40.4% in the 4th quarter. Great Valley Advisor Group Inc. now owns 77,817 shares of the company’s stock worth $12,791,000 after purchasing an additional 22,409 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Price Performance

VFMO stock opened at $175.78 on Thursday. The stock has a market capitalization of $1.11 billion, a PE ratio of 22.24 and a beta of 1.08. The company has a 50 day moving average price of $170.80 and a 200 day moving average price of $163.00. Vanguard U.S. Momentum Factor ETF has a fifty-two week low of $128.58 and a fifty-two week high of $179.56.

Vanguard U.S. Momentum Factor ETF 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.