Baer Investment Advisory LLC Makes New Investment in Vanguard US Multifactor ETF $VFMF

Baer Investment Advisory LLC acquired a new stake in Vanguard US Multifactor ETF (BATS:VFMF) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 15,353 shares of the company’s stock, valued at approximately $2,381,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of VFMF. Barnes Pettey Financial Advisors LLC grew its position in shares of Vanguard US Multifactor ETF by 17.4% in the 1st quarter. Barnes Pettey Financial Advisors LLC now owns 14,977 shares of the company’s stock worth $2,323,000 after buying an additional 2,220 shares during the last quarter. Apollon Wealth Management LLC raised its holdings in shares of Vanguard US Multifactor ETF by 32.1% during the first quarter. Apollon Wealth Management LLC now owns 8,093 shares of the company’s stock valued at $1,255,000 after acquiring an additional 1,967 shares in the last quarter. Harbor Asset Planning Inc. lifted its stake in Vanguard US Multifactor ETF by 35.8% in the first quarter. Harbor Asset Planning Inc. now owns 2,197 shares of the company’s stock worth $341,000 after acquiring an additional 579 shares during the period. Systelligence LLC bought a new position in Vanguard US Multifactor ETF in the 1st quarter worth $16,741,000. Finally, Rooted Wealth Advisors Inc. raised its holdings in Vanguard US Multifactor ETF by 28.8% in the 1st quarter. Rooted Wealth Advisors Inc. now owns 46,955 shares of the company’s stock worth $7,808,000 after purchasing an additional 10,504 shares in the last quarter.

Vanguard US Multifactor ETF Stock Performance

BATS:VFMF opened at $177.65 on Friday. The company has a 50-day moving average price of $171.92 and a 200-day moving average price of $162.76. The stock has a market cap of $474.33 million, a price-to-earnings ratio of 14.32 and a beta of 0.97. Vanguard US Multifactor ETF has a 12 month low of $131.69 and a 12 month high of $178.98.

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.