Diversify Wealth Management LLC Purchases New Shares in Vanguard U.S. Momentum Factor ETF $VFMO

Diversify Wealth Management LLC acquired a new position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,464 shares of the company’s stock, valued at approximately $755,000. Diversify Wealth Management LLC owned approximately 0.05% of Vanguard U.S. Momentum Factor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Royal Bank of Canada increased its stake in shares of Vanguard U.S. Momentum Factor ETF by 2.3% in the first quarter. Royal Bank of Canada now owns 3,776 shares of the company’s stock valued at $573,000 after buying an additional 86 shares in the last quarter. Jane Street Group LLC lifted its position in Vanguard U.S. Momentum Factor ETF by 219.7% during the 1st quarter. Jane Street Group LLC now owns 11,792 shares of the company’s stock worth $1,789,000 after buying an additional 8,103 shares in the last quarter. NewEdge Advisors LLC grew its holdings in Vanguard U.S. Momentum Factor ETF by 4.7% during the 2nd quarter. NewEdge Advisors LLC now owns 29,158 shares of the company’s stock worth $5,030,000 after acquiring an additional 1,296 shares during the last quarter. Diversify Advisory Services LLC grew its holdings in Vanguard U.S. Momentum Factor ETF by 12.7% during the 2nd quarter. Diversify Advisory Services LLC now owns 3,160 shares of the company’s stock worth $566,000 after acquiring an additional 356 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in Vanguard U.S. Momentum Factor ETF by 6.0% during the 2nd quarter. Raymond James Financial Inc. now owns 78,675 shares of the company’s stock worth $13,573,000 after acquiring an additional 4,463 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Trading Down 2.4%

Shares of BATS VFMO opened at $227.32 on Friday. Vanguard U.S. Momentum Factor ETF has a 1-year low of $170.02 and a 1-year high of $250.20. The company has a 50-day moving average of $234.78 and a two-hundred day moving average of $216.08. The company has a market cap of $1.44 billion, a PE ratio of 22.24 and a beta of 1.08.

Vanguard U.S. Momentum Factor ETF 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.