PFG Advisors Buys 359 Shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

PFG Advisors grew its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 8.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,680 shares of the company’s stock after acquiring an additional 359 shares during the quarter. PFG Advisors owned 0.14% of Vanguard U.S. Momentum Factor ETF worth $769,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VFMO. Raymond James Financial Inc. purchased a new position in shares of Vanguard U.S. Momentum Factor ETF in the fourth quarter worth about $11,086,000. Noble Wealth Management PBC purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF in the fourth quarter valued at approximately $62,000. Schulz Wealth LTD. increased its position in shares of Vanguard U.S. Momentum Factor ETF by 1.4% in the fourth quarter. Schulz Wealth LTD. now owns 85,598 shares of the company’s stock valued at $14,070,000 after buying an additional 1,165 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in Vanguard U.S. Momentum Factor ETF by 41.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 322 shares of the company’s stock valued at $53,000 after purchasing an additional 95 shares during the last quarter. Finally, Partners Wealth Management LLC acquired a new position in Vanguard U.S. Momentum Factor ETF in the 4th quarter valued at $379,000.

Vanguard U.S. Momentum Factor ETF Stock Performance

BATS VFMO opened at $152.56 on Friday. Vanguard U.S. Momentum Factor ETF has a one year low of $134.72 and a one year high of $179.56. The company has a market cap of $942.82 million, a P/E ratio of 16.53 and a beta of 1.09. The business has a fifty day moving average price of $167.29 and a 200 day moving average price of $166.00.

Vanguard U.S. Momentum Factor ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were given a dividend of $0.4434 per share. The ex-dividend date was Monday, December 23rd. This is a positive change from Vanguard U.S. Momentum Factor ETF’s previous dividend of $0.15.

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.