Envestnet Asset Management Inc. Has $25.32 Million Stake in Vanguard US Multifactor ETF $VFMF

Envestnet Asset Management Inc. reduced its stake in shares of Vanguard US Multifactor ETF (BATS:VFMF) by 2.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 175,522 shares of the company’s stock after selling 4,360 shares during the quarter. Envestnet Asset Management Inc. owned about 6.57% of Vanguard US Multifactor ETF worth $25,323,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Bogart Wealth LLC boosted its position in Vanguard US Multifactor ETF by 100.0% in the 2nd quarter. Bogart Wealth LLC now owns 500 shares of the company’s stock valued at $67,000 after buying an additional 250 shares during the last quarter. Savvy Advisors Inc. acquired a new position in shares of Vanguard US Multifactor ETF during the second quarter valued at $200,000. Envestnet Portfolio Solutions Inc. bought a new position in Vanguard US Multifactor ETF in the third quarter valued at about $205,000. Harbor Asset Planning Inc. acquired a new stake in Vanguard US Multifactor ETF in the second quarter worth about $206,000. Finally, Cowa LLC bought a new stake in Vanguard US Multifactor ETF during the 2nd quarter worth about $319,000.

Vanguard US Multifactor ETF Trading Down 1.5%

Vanguard US Multifactor ETF stock opened at $160.83 on Friday. The company has a market cap of $429.42 million, a PE 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 $164.95. The company’s 50-day moving average is $155.51 and its two-hundred day moving average is $147.10.

Vanguard US Multifactor ETF 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.