Davidson Investment Advisors Boosts Stake in Vanguard U.S. Momentum Factor ETF $VFMO

Davidson Investment Advisors boosted its stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 4.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 146,589 shares of the company’s stock after buying an additional 6,811 shares during the period. Vanguard U.S. Momentum Factor ETF accounts for about 1.2% of Davidson Investment Advisors’ investment portfolio, making the stock its 23rd biggest holding. Davidson Investment Advisors owned approximately 2.32% of Vanguard U.S. Momentum Factor ETF worth $28,035,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Ritholtz Wealth Management lifted its holdings in Vanguard U.S. Momentum Factor ETF by 3.6% during the fourth quarter. Ritholtz Wealth Management now owns 651,008 shares of the company’s stock worth $124,505,000 after buying an additional 22,621 shares during the period. Anderson Hoagland & Co. lifted its holdings in Vanguard U.S. Momentum Factor ETF by 0.5% during the third quarter. Anderson Hoagland & Co. now owns 119,040 shares of the company’s stock worth $22,808,000 after buying an additional 650 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in Vanguard U.S. Momentum Factor ETF by 2.1% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 106,121 shares of the company’s stock worth $20,296,000 after buying an additional 2,204 shares during the period. Raymond James Financial Inc. lifted its holdings in Vanguard U.S. Momentum Factor ETF by 6.0% during the second quarter. Raymond James Financial Inc. now owns 78,675 shares of the company’s stock worth $13,573,000 after buying an additional 4,463 shares during the period. Finally, Bank of America Corp DE lifted its holdings in Vanguard U.S. Momentum Factor ETF by 16.8% during the second quarter. Bank of America Corp DE now owns 48,314 shares of the company’s stock worth $8,335,000 after buying an additional 6,962 shares during the period.

Vanguard U.S. Momentum Factor ETF Price Performance

Vanguard U.S. Momentum Factor ETF stock opened at $220.18 on Monday. The business has a fifty day moving average of $204.12 and a two-hundred day moving average of $198.59. The firm has a market cap of $1.39 billion, a P/E ratio of 22.24 and a beta of 1.08. Vanguard U.S. Momentum Factor ETF has a twelve month low of $138.80 and a twelve month high of $220.90.

Vanguard U.S. Momentum Factor ETF Company 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.