Empirical Financial Services LLC d.b.a. Empirical Wealth Management Sells 10,146 Shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lessened its stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 12.9% during the 4th quarter, Holdings Channel reports. The fund owned 68,672 shares of the company’s stock after selling 10,146 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Vanguard U.S. Momentum Factor ETF were worth $9,016,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James & Associates bought a new stake in Vanguard U.S. Momentum Factor ETF during the fourth quarter valued at about $235,000. GSG Advisors LLC purchased a new position in shares of Vanguard U.S. Momentum Factor ETF in the 3rd quarter worth approximately $208,000. O Shaughnessy Asset Management LLC raised its stake in shares of Vanguard U.S. Momentum Factor ETF by 11.1% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 3,021 shares of the company’s stock worth $343,000 after acquiring an additional 303 shares in the last quarter. Drive Wealth Management LLC purchased a new stake in Vanguard U.S. Momentum Factor ETF during the fourth quarter valued at approximately $404,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in Vanguard U.S. Momentum Factor ETF in the third quarter valued at approximately $349,000.

Vanguard U.S. Momentum Factor ETF Stock Performance

BATS VFMO traded up $2.43 on Monday, hitting $148.70. The stock had a trading volume of 52,796 shares. The business has a 50-day moving average of $146.77 and a two-hundred day moving average of $133.83. The company has a market capitalization of $505.58 million, a PE ratio of 15.83 and a beta of 1.31.

About Vanguard U.S. Momentum Factor ETF

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.