Raymond James Financial Services Advisors Inc. Invests $609,000 in Vanguard US Multifactor ETF (BATS:VFMF)

Raymond James Financial Services Advisors Inc. bought a new position in shares of Vanguard US Multifactor ETF (BATS:VFMF) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,304 shares of the company’s stock, valued at approximately $609,000. Raymond James Financial Services Advisors Inc. owned approximately 0.32% of Vanguard US Multifactor ETF as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Sunbelt Securities Inc. acquired a new position in shares of Vanguard US Multifactor ETF during the 1st quarter valued at about $31,000. Private Trust Co. NA boosted its position in shares of Vanguard US Multifactor ETF by 66.7% during the 3rd quarter. Private Trust Co. NA now owns 500 shares of the company’s stock valued at $52,000 after acquiring an additional 200 shares during the last quarter. UBS Group AG boosted its position in shares of Vanguard US Multifactor ETF by 40.3% during the 4th quarter. UBS Group AG now owns 588 shares of the company’s stock valued at $58,000 after acquiring an additional 169 shares during the last quarter. Royal Bank of Canada boosted its position in shares of Vanguard US Multifactor ETF by 106.1% during the 1st quarter. Royal Bank of Canada now owns 606 shares of the company’s stock valued at $63,000 after acquiring an additional 312 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Vanguard US Multifactor ETF by 135.5% during the 1st quarter. Bank of America Corp DE now owns 1,884 shares of the company’s stock valued at $187,000 after acquiring an additional 1,084 shares during the last quarter.

Vanguard US Multifactor ETF Stock Performance

Shares of VFMF stock opened at $119.01 on Thursday. The firm’s fifty day moving average price is $121.93 and its 200-day moving average price is $113.19. The firm has a market cap of $246.35 million, a PE ratio of 10.23 and a beta of 1.00.

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.