Vanguard U.S. Momentum Factor ETF $VFMO Shares Acquired by Ritholtz Wealth Management

Ritholtz Wealth Management boosted its stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 8.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 707,199 shares of the company’s stock after acquiring an additional 56,191 shares during the quarter. Vanguard U.S. Momentum Factor ETF comprises 2.4% of Ritholtz Wealth Management’s holdings, making the stock its 8th biggest position. Ritholtz Wealth Management owned 0.11% of Vanguard U.S. Momentum Factor ETF worth $139,389,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. LPL Financial LLC raised its position in shares of Vanguard U.S. Momentum Factor ETF by 35.0% during the 4th quarter. LPL Financial LLC now owns 140,128 shares of the company’s stock worth $26,800,000 after buying an additional 36,308 shares in the last quarter. Thrivent Financial for Lutherans bought a new position in shares of Vanguard U.S. Momentum Factor ETF in the fourth quarter valued at approximately $5,659,000. Tidal Investments LLC increased its stake in shares of Vanguard U.S. Momentum Factor ETF by 549.0% during the third quarter. Tidal Investments LLC now owns 29,252 shares of the company’s stock valued at $5,605,000 after acquiring an additional 24,745 shares during the period. UBS Group AG increased its stake in shares of Vanguard U.S. Momentum Factor ETF by 97.5% during the fourth quarter. UBS Group AG now owns 43,066 shares of the company’s stock valued at $8,236,000 after acquiring an additional 21,256 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in shares of Vanguard U.S. Momentum Factor ETF by 14,481.0% during the fourth quarter. Farther Finance Advisors LLC now owns 14,581 shares of the company’s stock valued at $2,789,000 after acquiring an additional 14,481 shares during the period.

Vanguard U.S. Momentum Factor ETF Price Performance

Shares of BATS:VFMO opened at $239.39 on Thursday. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of 22.24 and a beta of 1.08. Vanguard U.S. Momentum Factor ETF has a 12 month low of $167.92 and a 12 month high of $246.17. The stock’s 50 day moving average price is $229.50 and its 200 day moving average price is $211.21.

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.