Vanguard US Multifactor ETF $VFMF Shares Bought by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lifted its holdings in shares of Vanguard US Multifactor ETF (BATS:VFMF) by 108.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,837 shares of the company’s stock after buying an additional 21,200 shares during the period. Geneos Wealth Management Inc. owned about 1.53% of Vanguard US Multifactor ETF worth $5,493,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. JNBA Financial Advisors grew its holdings in Vanguard US Multifactor ETF by 47.7% during the second quarter. JNBA Financial Advisors now owns 229 shares of the company’s stock worth $31,000 after acquiring an additional 74 shares during the period. Bogart Wealth LLC boosted its position in shares of Vanguard US Multifactor ETF by 100.0% during the 2nd quarter. Bogart Wealth LLC now owns 500 shares of the company’s stock worth $67,000 after purchasing an additional 250 shares in the last quarter. Onyx Bridge Wealth Group LLC grew its stake in shares of Vanguard US Multifactor ETF by 2.4% during the 2nd quarter. Onyx Bridge Wealth Group LLC now owns 12,608 shares of the company’s stock worth $1,696,000 after purchasing an additional 298 shares during the period. Signature Estate & Investment Advisors LLC increased its holdings in shares of Vanguard US Multifactor ETF by 8.5% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 5,413 shares of the company’s stock valued at $728,000 after purchasing an additional 422 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Vanguard US Multifactor ETF in the 2nd quarter valued at about $59,000.

Vanguard US Multifactor ETF Trading Up 23.0%

VFMF stock opened at $152.59 on Monday. The company has a market cap of $407.41 million, a P/E ratio of 14.32 and a beta of 0.97. Vanguard US Multifactor ETF has a 52 week low of $109.46 and a 52 week high of $142.19. The company’s 50-day moving average price is $145.36 and its 200 day moving average price is $140.28.

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.