Lincoln Capital Corp Raises Stock Holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Lincoln Capital Corp boosted its position in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 2.4% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 33,688 shares of the company’s stock after acquiring an additional 775 shares during the quarter. Vanguard U.S. Momentum Factor ETF comprises about 2.2% of Lincoln Capital Corp’s portfolio, making the stock its 14th largest position. Lincoln Capital Corp’s holdings in Vanguard U.S. Momentum Factor ETF were worth $5,096,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Vanguard U.S. Momentum Factor ETF in the third quarter worth about $349,000. Envestnet Asset Management Inc. increased its holdings in Vanguard U.S. Momentum Factor ETF by 2.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 120,433 shares of the company’s stock worth $13,656,000 after buying an additional 2,321 shares during the period. LPL Financial LLC raised its position in Vanguard U.S. Momentum Factor ETF by 5.4% during the 3rd quarter. LPL Financial LLC now owns 32,388 shares of the company’s stock worth $3,672,000 after buying an additional 1,646 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its stake in 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 valued at $343,000 after acquiring an additional 303 shares during the period. Finally, Journey Advisory Group LLC lifted its stake in Vanguard U.S. Momentum Factor ETF by 15.3% during the 3rd quarter. Journey Advisory Group LLC now owns 30,372 shares of the company’s stock valued at $3,444,000 after acquiring an additional 4,033 shares during the period.

Vanguard U.S. Momentum Factor ETF Price Performance

Shares of BATS:VFMO traded up $0.68 during midday trading on Friday, reaching $149.82. The company’s stock had a trading volume of 16,430 shares. The firm has a fifty day moving average price of $148.24 and a two-hundred day moving average price of $142.63. The firm has a market capitalization of $509.39 million, a price-to-earnings ratio of 15.83 and a beta of 1.31.

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.