Strategic Blueprint LLC Purchases 306 Shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Strategic Blueprint LLC boosted its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 24.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,567 shares of the company’s stock after acquiring an additional 306 shares during the quarter. Strategic Blueprint LLC’s holdings in Vanguard U.S. Momentum Factor ETF were worth $258,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Financial Freedom LLC bought a new position in shares of Vanguard U.S. Momentum Factor ETF during the fourth quarter valued at $31,000. Pacific Sun Financial Corp bought a new position in Vanguard U.S. Momentum Factor ETF during the 3rd quarter valued at about $212,000. Signature Estate & Investment Advisors LLC purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF during the 3rd quarter valued at about $214,000. Wealthcare Advisory Partners LLC bought a new stake in shares of Vanguard U.S. Momentum Factor ETF in the fourth quarter worth approximately $223,000. Finally, Perigon Wealth Management LLC raised its holdings in shares of Vanguard U.S. Momentum Factor ETF by 10.3% during the fourth quarter. Perigon Wealth Management LLC now owns 1,599 shares of the company’s stock valued at $270,000 after purchasing an additional 149 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Up 5.2 %

Shares of VFMO stock opened at $172.71 on Friday. The stock has a market capitalization of $587.22 million, a PE ratio of 15.83 and a beta of 1.31. The stock has a 50-day moving average of $170.75 and a 200 day moving average of $163.30.

Vanguard U.S. Momentum Factor ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were paid a $0.4434 dividend. This is an increase from Vanguard U.S. Momentum Factor ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, December 23rd.

Vanguard U.S. Momentum Factor ETF Company 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.