SCS Capital Management LLC Has $361,000 Stock Position in Vanguard U.S. Momentum Factor ETF $VFMO

SCS Capital Management LLC lowered its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 63.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,889 shares of the company’s stock after selling 3,296 shares during the quarter. SCS Capital Management LLC’s holdings in Vanguard U.S. Momentum Factor ETF were worth $361,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. Core Wealth Advisors LLC bought a new stake in shares of Vanguard U.S. Momentum Factor ETF in the 4th quarter worth approximately $384,000. Thoroughbred Financial Services LLC lifted its position in shares of Vanguard U.S. Momentum Factor ETF by 1.5% in the 4th quarter. Thoroughbred Financial Services LLC now owns 6,121 shares of the company’s stock worth $1,170,000 after acquiring an additional 88 shares during the period. Strategic Financial Services Inc. lifted its position in shares of Vanguard U.S. Momentum Factor ETF by 1.4% in the 4th quarter. Strategic Financial Services Inc. now owns 284,153 shares of the company’s stock worth $58,496,000 after acquiring an additional 3,874 shares during the period. Valued Retirements Inc. lifted its position in shares of 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 acquiring an additional 3,749 shares during the period. Finally, Prospera Financial Services Inc bought a new stake in shares of Vanguard U.S. Momentum Factor ETF in the 4th quarter worth approximately $237,000.

Vanguard U.S. Momentum Factor ETF Trading Up 1.5%

Shares of VFMO stock opened at $236.01 on Wednesday. The stock has a 50 day moving average of $217.31 and a two-hundred day moving average of $205.22. Vanguard U.S. Momentum Factor ETF has a 12 month low of $163.88 and a 12 month high of $236.52. The company has a market capitalization of $1.49 billion, a P/E ratio of 22.24 and a beta of 1.08.

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.