Mercer Global Advisors Inc. ADV Sells 2,079 Shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Mercer Global Advisors Inc. ADV trimmed its position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 25.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,253 shares of the company’s stock after selling 2,079 shares during the quarter. Mercer Global Advisors Inc. ADV owned 0.18% of Vanguard U.S. Momentum Factor ETF worth $1,028,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VFMO. Jane Street Group LLC bought a new position in shares of Vanguard U.S. Momentum Factor ETF in the fourth quarter worth about $606,000. Comerica Bank bought a new position in Vanguard U.S. Momentum Factor ETF in the 4th quarter valued at approximately $1,481,000. Transce3nd LLC acquired a new stake in Vanguard U.S. Momentum Factor ETF in the fourth quarter valued at approximately $33,000. NewEdge Advisors LLC grew its stake in shares of Vanguard U.S. Momentum Factor ETF by 322.7% during the fourth quarter. NewEdge Advisors LLC now owns 10,157 shares of the company’s stock worth $1,670,000 after buying an additional 7,754 shares during the last quarter. Finally, Mariner LLC increased its holdings in shares of Vanguard U.S. Momentum Factor ETF by 24.3% during the fourth quarter. Mariner LLC now owns 6,594 shares of the company’s stock worth $1,084,000 after buying an additional 1,291 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Down 3.9 %

BATS VFMO opened at $157.77 on Friday. The company has a market cap of $987.67 million, a price-to-earnings ratio of 15.65 and a beta of 1.08. Vanguard U.S. Momentum Factor ETF has a twelve month low of $128.58 and a twelve month high of $179.56. The business’s fifty day moving average is $149.99 and its 200 day moving average is $163.23.

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.