Avantax Advisory Services Inc. Boosts Stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Avantax Advisory Services Inc. lifted its holdings in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 7.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,191 shares of the company’s stock after buying an additional 422 shares during the period. Avantax Advisory Services Inc.’s holdings in Vanguard U.S. Momentum Factor ETF were worth $1,018,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of VFMO. Ritholtz Wealth Management lifted its stake in Vanguard U.S. Momentum Factor ETF by 2.2% during the 4th quarter. Ritholtz Wealth Management now owns 441,345 shares of the company’s stock valued at $72,544,000 after acquiring an additional 9,446 shares during the period. Systelligence LLC raised its holdings in shares of Vanguard U.S. Momentum Factor ETF by 28.8% during the fourth quarter. Systelligence LLC now owns 95,969 shares of the company’s stock valued at $15,774,000 after purchasing an additional 21,441 shares during the last quarter. Schulz Wealth LTD. lifted its position in Vanguard U.S. Momentum Factor ETF by 1.4% during the fourth quarter. Schulz Wealth LTD. now owns 85,598 shares of the company’s stock valued at $14,070,000 after purchasing an additional 1,165 shares during the period. Raymond James Financial Inc. purchased a new stake in Vanguard U.S. Momentum Factor ETF in the fourth quarter worth approximately $11,086,000. Finally, Great Valley Advisor Group Inc. grew its position in Vanguard U.S. Momentum Factor ETF by 86.2% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 55,408 shares of the company’s stock worth $8,918,000 after purchasing an additional 25,646 shares during the period.

Vanguard U.S. Momentum Factor ETF Trading Down 5.1 %

Shares of VFMO opened at $155.79 on Thursday. The firm has a market cap of $962.75 million, a PE ratio of 16.53 and a beta of 1.09. Vanguard U.S. Momentum Factor ETF has a 1-year low of $134.72 and a 1-year high of $179.56. The firm has a fifty day simple moving average of $166.26 and a two-hundred day simple moving average of $165.97.

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.