Strategic Financial Services Inc. Sells 11,882 Shares of Vanguard U.S. Momentum Factor ETF $VFMO

Strategic Financial Services Inc. reduced its stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 4.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 273,656 shares of the company’s stock after selling 11,882 shares during the quarter. Vanguard U.S. Momentum Factor ETF makes up 3.0% of Strategic Financial Services Inc.’s investment portfolio, making the stock its 11th largest holding. Strategic Financial Services Inc. owned 4.32% of Vanguard U.S. Momentum Factor ETF worth $68,280,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of VFMO. Commonwealth Equity Services LLC raised its holdings in shares of Vanguard U.S. Momentum Factor ETF by 15.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 19,708 shares of the company’s stock valued at $3,769,000 after purchasing an additional 2,675 shares during the last quarter. UBS Group AG lifted its position 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 purchasing an additional 21,256 shares in the last quarter. Odyssey Capital Advisors Inc. purchased a new position in Vanguard U.S. Momentum Factor ETF during the fourth quarter worth about $1,071,000. Redwood Family Wealth LLC purchased a new position in Vanguard U.S. Momentum Factor ETF during the fourth quarter worth about $732,000. Finally, Valued Retirements Inc. grew its position in Vanguard U.S. Momentum Factor ETF by 81.7% in the 4th quarter. Valued Retirements Inc. now owns 8,337 shares of the company’s stock worth $1,594,000 after purchasing an additional 3,749 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Performance

Shares of VFMO stock opened at $229.80 on Monday. The company has a market capitalization of $1.45 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 $174.61 and a 52-week high of $250.20. The company has a 50-day simple moving average of $232.07 and a two-hundred day simple moving average of $222.99.

About Vanguard U.S. Momentum Factor ETF

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.