Vanguard US Multifactor ETF (BATS:VFMF) Trading Up 0.2% – Still a Buy?

Vanguard US Multifactor ETF (BATS:VFMF) shares were up 0.2% on Wednesday . The stock traded as high as $167.31 and last traded at $166.40. Approximately 15,440 shares changed hands during trading, a decline of 30% from the average daily volume of 22,118 shares. The stock had previously closed at $166.00.

Vanguard US Multifactor ETF Trading Up 0.2%

The firm has a market capitalization of $444.29 million, a PE ratio of 14.32 and a beta of 0.97. The business’s 50 day simple moving average is $159.44 and its 200 day simple moving average is $153.47.

Hedge Funds Weigh In On Vanguard US Multifactor ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Harbor Asset Planning Inc. grew its stake in shares of Vanguard US Multifactor ETF by 35.8% in the 1st quarter. Harbor Asset Planning Inc. now owns 2,197 shares of the company’s stock worth $341,000 after buying an additional 579 shares in the last quarter. Systelligence LLC purchased a new position in shares of Vanguard US Multifactor ETF in the 1st quarter worth $16,741,000. Rooted Wealth Advisors Inc. grew its stake in shares of Vanguard US Multifactor ETF by 28.8% in the 1st quarter. Rooted Wealth Advisors Inc. now owns 46,955 shares of the company’s stock worth $7,808,000 after buying an additional 10,504 shares in the last quarter. MBM Wealth Consultants LLC purchased a new position in shares of Vanguard US Multifactor ETF in the 1st quarter worth $54,000. Finally, Nations Financial Group Inc. IA ADV purchased a new position in shares of Vanguard US Multifactor ETF in the 1st quarter worth $214,000.

About Vanguard US Multifactor ETF

The Vanguard U.S. Multifactor ETF (VFMF) is an exchange-traded fund that is based on the MSCI USA Diversified Multi-Factor index. The fund is an actively-managed fund that invests in US equities exhibiting value, momentum, quality and low volatility factors. VFMF was launched on Feb 13, 2018 and is managed by Vanguard.