Armbruster Capital Management Inc. Boosts Stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Armbruster Capital Management Inc. boosted its stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 2.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,893 shares of the company’s stock after buying an additional 1,153 shares during the period. Vanguard U.S. Momentum Factor ETF accounts for about 1.2% of Armbruster Capital Management Inc.’s investment portfolio, making the stock its 21st biggest holding. Armbruster Capital Management Inc. owned approximately 0.66% of Vanguard U.S. Momentum Factor ETF worth $6,204,000 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. Cetera Investment Advisers lifted its holdings in Vanguard U.S. Momentum Factor ETF by 4,627.1% during the fourth quarter. Cetera Investment Advisers now owns 270,390 shares of the company’s stock worth $44,444,000 after buying an additional 264,670 shares during the period. Systelligence LLC lifted its holdings in 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 worth $15,774,000 after buying an additional 21,441 shares during the period. LPL Financial LLC lifted its holdings in Vanguard U.S. Momentum Factor ETF by 40.7% during the fourth quarter. LPL Financial LLC now owns 85,783 shares of the company’s stock worth $14,100,000 after buying an additional 24,804 shares during the period. Schulz Wealth LTD. lifted its holdings 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 worth $14,070,000 after buying an additional 1,165 shares during the period. Finally, Great Valley Advisor Group Inc. lifted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 40.4% during the 4th quarter. Great Valley Advisor Group Inc. now owns 77,817 shares of the company’s stock valued at $12,791,000 after purchasing an additional 22,409 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Trading Down 0.0%

Shares of VFMO opened at $164.16 on Friday. Vanguard U.S. Momentum Factor ETF has a 12 month low of $128.58 and a 12 month high of $179.56. The stock has a fifty day moving average price of $156.59 and a 200-day moving average price of $162.34. The firm has a market cap of $1.03 billion, a PE ratio of 18.06 and a beta of 1.08.

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.