Thrivent Financial for Lutherans Acquires Shares of 29,592 Vanguard U.S. Momentum Factor ETF $VFMO

Thrivent Financial for Lutherans acquired a new position in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 29,592 shares of the company’s stock, valued at approximately $5,659,000.

Other institutional investors also recently modified their holdings of the company. North Star Investment Management Corp. bought a new position in shares of Vanguard U.S. Momentum Factor ETF in the fourth quarter valued at about $62,000. City State Bank boosted its position in shares of Vanguard U.S. Momentum Factor ETF by 420.0% in the 4th quarter. City State Bank now owns 520 shares of the company’s stock worth $99,000 after purchasing an additional 420 shares during the last quarter. JPMorgan Chase & Co. bought a new position in Vanguard U.S. Momentum Factor ETF during the 3rd quarter worth approximately $179,000. Keybank National Association OH acquired a new position in Vanguard U.S. Momentum Factor ETF in the fourth quarter valued at about $210,000. Finally, Kestra Private Wealth Services LLC bought a new stake in Vanguard U.S. Momentum Factor ETF during the 3rd quarter worth approximately $212,000.

Vanguard U.S. Momentum Factor ETF Stock Up 0.7%

Shares of BATS:VFMO opened at $228.26 on Friday. The company’s fifty day simple moving average is $212.50 and its 200 day simple moving average is $203.22. The firm has a market cap of $1.44 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 $159.72 and a 12 month high of $232.86.

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.