Northwestern Mutual Wealth Management Co. Buys 14,707 Shares of Vanguard US Multifactor ETF $VFMF

Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard US Multifactor ETF (BATS:VFMF) by 3,810.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,093 shares of the company’s stock after buying an additional 14,707 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.57% of Vanguard US Multifactor ETF worth $2,275,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Royal Bank of Canada grew its position in shares of Vanguard US Multifactor ETF by 7.9% in the 1st quarter. Royal Bank of Canada now owns 14,709 shares of the company’s stock valued at $1,858,000 after buying an additional 1,075 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Vanguard US Multifactor ETF by 34.9% in the 1st quarter. AQR Capital Management LLC now owns 6,765 shares of the company’s stock valued at $854,000 after buying an additional 1,750 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of Vanguard US Multifactor ETF by 29.0% in the 2nd quarter. NewEdge Advisors LLC now owns 7,334 shares of the company’s stock valued at $986,000 after buying an additional 1,647 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of Vanguard US Multifactor ETF by 68.2% in the 2nd quarter. Raymond James Financial Inc. now owns 37,102 shares of the company’s stock valued at $4,990,000 after buying an additional 15,045 shares during the last quarter. Finally, Titleist Asset Management LLC bought a new stake in shares of Vanguard US Multifactor ETF in the 3rd quarter valued at about $237,000.

Vanguard US Multifactor ETF Trading Down 1.6%

BATS VFMF opened at $171.57 on Friday. The business’s 50-day moving average price is $165.75 and its two-hundred day moving average price is $158.84. Vanguard US Multifactor ETF has a 12 month low of $129.40 and a 12 month high of $175.52. The firm has a market capitalization of $458.09 million, a PE ratio of 14.32 and a beta of 0.97.

Vanguard US Multifactor ETF Profile

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.