Lazari Capital Management Inc. Sells 2,365 Shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Lazari Capital Management Inc. lessened its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 35.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,296 shares of the company’s stock after selling 2,365 shares during the quarter. Lazari Capital Management Inc. owned 0.13% of Vanguard U.S. Momentum Factor ETF worth $706,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. International Assets Investment Management LLC grew its stake in shares of Vanguard U.S. Momentum Factor ETF by 30,610.5% during the 3rd quarter. International Assets Investment Management LLC now owns 414,285 shares of the company’s stock worth $66,679,000 after acquiring an additional 412,936 shares during the period. Great Valley Advisor Group Inc. grew its stake in shares of Vanguard U.S. Momentum Factor ETF by 86.2% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 55,408 shares of the company’s stock worth $8,918,000 after acquiring an additional 25,646 shares during the period. Redhawk Wealth Advisors Inc. lifted its holdings in Vanguard U.S. Momentum Factor ETF by 253.2% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 18,099 shares of the company’s stock worth $2,913,000 after purchasing an additional 12,975 shares in the last quarter. Clear Creek Financial Management LLC lifted its holdings in Vanguard U.S. Momentum Factor ETF by 536.9% during the 4th quarter. Clear Creek Financial Management LLC now owns 15,100 shares of the company’s stock worth $2,482,000 after purchasing an additional 12,729 shares in the last quarter. Finally, Ritholtz Wealth Management lifted its holdings in Vanguard U.S. Momentum Factor ETF by 2.8% during the 3rd quarter. Ritholtz Wealth Management now owns 431,899 shares of the company’s stock worth $69,514,000 after purchasing an additional 11,880 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Price Performance

Shares of VFMO opened at $172.71 on Monday. The business’s 50-day moving average is $170.75 and its 200-day moving average is $163.35. The stock has a market cap of $587.22 million, a PE ratio of 15.83 and a beta of 1.31.

Vanguard U.S. Momentum Factor ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were issued a dividend of $0.4434 per share. This is a boost from Vanguard U.S. Momentum Factor ETF’s previous dividend of $0.15. The ex-dividend date 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.