Systelligence LLC Trims Stock Holdings in Vanguard U.S. Momentum Factor ETF $VFMO

Systelligence LLC trimmed its holdings in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 2.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 103,048 shares of the company’s stock after selling 2,266 shares during the quarter. Vanguard U.S. Momentum Factor ETF accounts for approximately 3.9% of Systelligence LLC’s holdings, making the stock its 3rd biggest holding. Systelligence LLC owned approximately 1.63% of Vanguard U.S. Momentum Factor ETF worth $20,311,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VFMO. Ritholtz Wealth Management increased its stake in Vanguard U.S. Momentum Factor ETF by 8.6% during the first quarter. Ritholtz Wealth Management now owns 707,199 shares of the company’s stock worth $139,389,000 after acquiring an additional 56,191 shares during the last quarter. LPL Financial LLC raised its position in Vanguard U.S. Momentum Factor ETF by 35.0% during the fourth quarter. LPL Financial LLC now owns 140,128 shares of the company’s stock valued at $26,800,000 after purchasing an additional 36,308 shares during the period. Thrivent Financial for Lutherans bought a new stake in shares of Vanguard U.S. Momentum Factor ETF in the 4th quarter valued at approximately $5,659,000. Tidal Investments LLC lifted its stake in shares of Vanguard U.S. Momentum Factor ETF by 549.0% in the 3rd quarter. Tidal Investments LLC now owns 29,252 shares of the company’s stock valued at $5,605,000 after purchasing an additional 24,745 shares during the last quarter. Finally, UBS Group AG boosted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 97.5% in the 4th quarter. UBS Group AG now owns 43,066 shares of the company’s stock worth $8,236,000 after purchasing an additional 21,256 shares during the period.

Vanguard U.S. Momentum Factor ETF Stock Performance

BATS VFMO opened at $241.01 on Friday. The company has a market cap of $1.53 billion, a P/E ratio of 22.24 and a beta of 1.08. The business’s 50 day moving average price is $230.55 and its 200-day moving average price is $211.77. Vanguard U.S. Momentum Factor ETF has a fifty-two week low of $169.85 and a fifty-two week high of $246.17.

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.