Envestnet Asset Management Inc. Trims Stake in Vanguard US Multifactor ETF $VFMF

Envestnet Asset Management Inc. reduced its position in shares of Vanguard US Multifactor ETF (BATS:VFMF) by 9.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 179,882 shares of the company’s stock after selling 18,712 shares during the quarter. Envestnet Asset Management Inc. owned about 6.74% of Vanguard US Multifactor ETF worth $24,194,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of VFMF. Per Stirling Capital Management LLC. boosted its stake in shares of Vanguard US Multifactor ETF by 3.2% during the first quarter. Per Stirling Capital Management LLC. now owns 81,920 shares of the company’s stock valued at $10,347,000 after purchasing an additional 2,575 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Vanguard US Multifactor ETF by 11.0% during the first quarter. LPL Financial LLC now owns 76,057 shares of the company’s stock valued at $9,607,000 after purchasing an additional 7,566 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Vanguard US Multifactor ETF by 390.6% during the first quarter. Geneos Wealth Management Inc. now owns 50,957 shares of the company’s stock valued at $6,436,000 after purchasing an additional 40,570 shares in the last quarter. Baron Silver Stevens Financial Advisors LLC boosted its stake in shares of Vanguard US Multifactor ETF by 11.0% during the first quarter. Baron Silver Stevens Financial Advisors LLC now owns 26,618 shares of the company’s stock valued at $3,362,000 after purchasing an additional 2,634 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC boosted its stake in shares of Vanguard US Multifactor ETF by 133.2% during the second quarter. Halbert Hargrove Global Advisors LLC now owns 15,969 shares of the company’s stock valued at $2,148,000 after purchasing an additional 9,120 shares in the last quarter.

Vanguard US Multifactor ETF Price Performance

Vanguard US Multifactor ETF stock opened at $143.88 on Tuesday. The stock has a market capitalization of $384.15 million, a price-to-earnings ratio of 14.32 and a beta of 0.97. Vanguard US Multifactor ETF has a 1-year low of $109.46 and a 1-year high of $142.19. The business has a fifty day moving average price of $143.61 and a 200-day moving average price of $136.15.

About Vanguard US Multifactor ETF

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.