Vanguard U.S. Momentum Factor ETF $VFMO Shares Sold by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. reduced its stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 41.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,853 shares of the company’s stock after selling 9,159 shares during the quarter. Redhawk Wealth Advisors Inc. owned about 0.20% of Vanguard U.S. Momentum Factor ETF worth $3,207,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. MML Investors Services LLC grew its position in Vanguard U.S. Momentum Factor ETF by 1.5% during the 2nd quarter. MML Investors Services LLC now owns 3,933 shares of the company’s stock worth $678,000 after purchasing an additional 57 shares during the last quarter. Principal Securities Inc. raised its holdings in shares of Vanguard U.S. Momentum Factor ETF by 1.7% in the fourth quarter. Principal Securities Inc. now owns 3,720 shares of the company’s stock worth $711,000 after buying an additional 63 shares during the last quarter. AdvisorNet Financial Inc raised its holdings in shares of Vanguard U.S. Momentum Factor ETF by 4.0% in the first quarter. AdvisorNet Financial Inc now owns 1,664 shares of the company’s stock worth $328,000 after buying an additional 64 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of Vanguard U.S. Momentum Factor ETF by 0.7% during the first quarter. International Assets Investment Management LLC now owns 9,348 shares of the company’s stock worth $1,872,000 after buying an additional 65 shares during the period. Finally, Royal Bank of Canada lifted its stake in shares of Vanguard U.S. Momentum Factor ETF by 2.3% during the first quarter. Royal Bank of Canada now owns 3,776 shares of the company’s stock worth $573,000 after buying an additional 86 shares during the period.

Vanguard U.S. Momentum Factor ETF Price Performance

Shares of VFMO opened at $231.91 on Tuesday. The company’s fifty day moving average price is $234.20 and its 200-day moving average price is $219.46. Vanguard U.S. Momentum Factor ETF has a 1-year low of $172.91 and a 1-year high of $250.20. The firm has a market capitalization of $1.47 billion, a PE 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.