Financial Freedom LLC Has $3.52 Million Stake in Vanguard U.S. Momentum Factor ETF $VFMO

Financial Freedom LLC lifted its stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 33.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,421 shares of the company’s stock after purchasing an additional 4,641 shares during the period. Vanguard U.S. Momentum Factor ETF makes up about 1.7% of Financial Freedom LLC’s investment portfolio, making the stock its 14th biggest position. Financial Freedom LLC’s holdings in Vanguard U.S. Momentum Factor ETF were worth $3,523,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Ritholtz Wealth Management lifted its position in shares of Vanguard U.S. Momentum Factor ETF by 3.6% during the fourth quarter. Ritholtz Wealth Management now owns 651,008 shares of the company’s stock worth $124,505,000 after purchasing an additional 22,621 shares in the last quarter. Strategic Financial Services Inc. lifted its position in shares of Vanguard U.S. Momentum Factor ETF by 1.4% during the fourth quarter. Strategic Financial Services Inc. now owns 284,153 shares of the company’s stock worth $58,496,000 after purchasing an additional 3,874 shares in the last quarter. Davidson Investment Advisors lifted its position in shares of Vanguard U.S. Momentum Factor ETF by 4.9% during the fourth quarter. Davidson Investment Advisors now owns 146,589 shares of the company’s stock worth $28,035,000 after purchasing an additional 6,811 shares in the last quarter. LPL Financial LLC lifted its position in shares of Vanguard U.S. Momentum Factor ETF by 35.0% during the fourth quarter. LPL Financial LLC now owns 140,128 shares of the company’s stock worth $26,800,000 after purchasing an additional 36,308 shares in the last quarter. Finally, Cabot Wealth Management Inc. lifted its position in shares of Vanguard U.S. Momentum Factor ETF by 5.6% during the fourth quarter. Cabot Wealth Management Inc. now owns 114,327 shares of the company’s stock worth $21,865,000 after purchasing an additional 6,098 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Trading Down 1.6%

Shares of VFMO stock opened at $237.82 on Wednesday. Vanguard U.S. Momentum Factor ETF has a 1 year low of $163.88 and a 1 year high of $242.99. The firm’s 50 day moving average is $225.56 and its 200-day moving average is $209.09. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of 22.24 and a beta of 1.08.

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.