BridgePort Financial Solutions LLC Makes New Investment in Vanguard US Multifactor ETF $VFMF

BridgePort Financial Solutions LLC acquired a new position in shares of Vanguard US Multifactor ETF (BATS:VFMF) during the 2nd quarter, Holdings Channel reports. The firm acquired 4,163 shares of the company’s stock, valued at approximately $560,000.

A number of other institutional investors have also made changes to their positions in the company. Per Stirling Capital Management LLC. increased its holdings in shares of Vanguard US Multifactor ETF by 3.2% in the 1st quarter. Per Stirling Capital Management LLC. now owns 81,920 shares of the company’s stock valued at $10,347,000 after acquiring an additional 2,575 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Vanguard US Multifactor ETF by 11.0% in the 1st quarter. LPL Financial LLC now owns 76,057 shares of the company’s stock valued at $9,607,000 after acquiring an additional 7,566 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Vanguard US Multifactor ETF by 390.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 50,957 shares of the company’s stock valued at $6,436,000 after acquiring an additional 40,570 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC increased its holdings in shares of Vanguard US Multifactor ETF by 11.0% in the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 26,618 shares of the company’s stock valued at $3,362,000 after acquiring an additional 2,634 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC increased its holdings in shares of Vanguard US Multifactor ETF by 133.2% in the 2nd quarter. Halbert Hargrove Global Advisors LLC now owns 15,969 shares of the company’s stock valued at $2,148,000 after acquiring an additional 9,120 shares during the last quarter.

Vanguard US Multifactor ETF Trading Up 16.4%

Shares of BATS VFMF opened at $144.48 on Friday. Vanguard US Multifactor ETF has a twelve month low of $109.46 and a twelve month high of $142.19. The company has a market capitalization of $385.76 million, a price-to-earnings ratio of 14.32 and a beta of 0.97. The business has a 50 day simple moving average of $140.95 and a 200-day simple moving average of $132.66.

Vanguard US Multifactor ETF Company Profile

The Vanguard U.S. Multifactor ETF (VFMF) is an exchange-traded fund that is based on the MSCI USA Diversified Multi-Factor index. The fund is an actively-managed fund that invests in US equities exhibiting value, momentum, quality and low volatility factors. VFMF was launched on Feb 13, 2018 and is managed by Vanguard.