Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $19.91 Million Position in Vanguard U.S. Momentum Factor ETF $VFMO

Empirical Financial Services LLC d.b.a. Empirical Wealth Management cut its position in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 3.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 103,917 shares of the company’s stock after selling 3,601 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned 1.64% of Vanguard U.S. Momentum Factor ETF worth $19,910,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in VFMO. Versant Capital Management Inc acquired a new stake in shares of Vanguard U.S. Momentum Factor ETF during the 3rd quarter worth approximately $27,000. Harbor Asset Planning Inc. lifted its position in Vanguard U.S. Momentum Factor ETF by 17.7% in the third quarter. Harbor Asset Planning Inc. now owns 717 shares of the company’s stock worth $137,000 after purchasing an additional 108 shares during the period. JPMorgan Chase & Co. acquired a new stake in Vanguard U.S. Momentum Factor ETF during the third quarter worth $179,000. Melfa Wealth Management Inc. acquired a new stake in Vanguard U.S. Momentum Factor ETF during the third quarter worth $227,000. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Vanguard U.S. Momentum Factor ETF by 15.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,332 shares of the company’s stock valued at $259,000 after buying an additional 176 shares during the period.

Vanguard U.S. Momentum Factor ETF Stock Performance

Shares of VFMO stock opened at $207.67 on Friday. The firm has a fifty day moving average of $201.36 and a 200-day moving average of $192.65. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 22.24 and a beta of 1.08. Vanguard U.S. Momentum Factor ETF has a 52-week low of $128.58 and a 52-week high of $210.44.

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.