Janney Montgomery Scott LLC Boosts Stock Position in Vanguard U.S. Momentum Factor ETF $VFMO

Janney Montgomery Scott LLC increased its position in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 39.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,928 shares of the company’s stock after purchasing an additional 545 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Vanguard U.S. Momentum Factor ETF were worth $333,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. JFS Wealth Advisors LLC purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF during the first quarter worth approximately $44,000. Nova Wealth Management Inc. boosted its stake in Vanguard U.S. Momentum Factor ETF by 10.2% during the first quarter. Nova Wealth Management Inc. now owns 9,321 shares of the company’s stock worth $1,414,000 after buying an additional 860 shares during the last quarter. TrueMark Investments LLC acquired a new position in Vanguard U.S. Momentum Factor ETF during the first quarter worth $370,000. LPL Financial LLC boosted its stake in Vanguard U.S. Momentum Factor ETF by 18.9% during the first quarter. LPL Financial LLC now owns 102,003 shares of the company’s stock worth $15,475,000 after buying an additional 16,220 shares during the last quarter. Finally, PFG Advisors boosted its stake in Vanguard U.S. Momentum Factor ETF by 6.0% during the first quarter. PFG Advisors now owns 4,960 shares of the company’s stock worth $753,000 after buying an additional 280 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Performance

BATS VFMO opened at $193.06 on Monday. The stock’s fifty day moving average is $186.39 and its two-hundred day moving average is $171.02. The firm has a market capitalization of $1.22 billion, a P/E ratio of 22.24 and a beta of 1.08. Vanguard U.S. Momentum Factor ETF has a fifty-two week low of $128.58 and a fifty-two week high of $179.56.

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.