Harbour Investments Inc. Grows Stock Position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Harbour Investments Inc. raised its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 32.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 3,624 shares of the company’s stock after acquiring an additional 892 shares during the period. Harbour Investments Inc.’s holdings in Vanguard U.S. Momentum Factor ETF were worth $596,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Envestnet Portfolio Solutions Inc. boosted its position in shares of Vanguard U.S. Momentum Factor ETF by 23.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,806 shares of the company’s stock worth $461,000 after acquiring an additional 532 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 16.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 14,629 shares of the company’s stock valued at $2,405,000 after purchasing an additional 2,071 shares during the last quarter. Avantax Advisory Services Inc. grew its stake in shares of Vanguard U.S. Momentum Factor ETF by 7.3% during the 4th quarter. Avantax Advisory Services Inc. now owns 6,191 shares of the company’s stock valued at $1,018,000 after buying an additional 422 shares during the period. Farther Finance Advisors LLC acquired a new stake in shares of Vanguard U.S. Momentum Factor ETF during the 4th quarter worth $33,000. Finally, PFG Advisors raised its position in shares of Vanguard U.S. Momentum Factor ETF by 8.3% in the 4th quarter. PFG Advisors now owns 4,680 shares of the company’s stock worth $769,000 after buying an additional 359 shares during the period.

Vanguard U.S. Momentum Factor ETF Trading Down 5.5 %

VFMO stock opened at $155.14 on Friday. The company has a market cap of $958.77 million, a PE ratio of 16.53 and a beta of 1.09. The stock has a 50-day moving average price of $166.04 and a two-hundred day moving average price of $165.89. Vanguard U.S. Momentum Factor ETF has a 12-month low of $134.72 and a 12-month high of $179.56.

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.