Vanguard US Multifactor ETF (BATS:VFMF) Hits New 12-Month High – Here’s What Happened

Vanguard US Multifactor ETF (BATS:VFMF)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $188.08 and last traded at $188.0050, with a volume of 43389 shares changing hands. The stock had previously closed at $186.87.

Vanguard US Multifactor ETF Stock Up 0.6%

The company has a market capitalization of $501.92 million, a price-to-earnings ratio of 14.32 and a beta of 0.97. The company’s 50 day simple moving average is $182.42 and its two-hundred day simple moving average is $171.04.

Institutional Trading of Vanguard US Multifactor ETF

A number of institutional investors have recently made changes to their positions in VFMF. Kestra Advisory Services LLC increased its stake in Vanguard US Multifactor ETF by 3.7% in the first quarter. Kestra Advisory Services LLC now owns 2,311 shares of the company’s stock valued at $358,000 after purchasing an additional 83 shares during the last quarter. Titleist Asset Management LLC boosted its stake in Vanguard US Multifactor ETF by 5.7% during the 4th quarter. Titleist Asset Management LLC now owns 1,737 shares of the company’s stock worth $262,000 after purchasing an additional 94 shares during the period. NewEdge Advisors LLC increased its position in Vanguard US Multifactor ETF by 1.4% in the 3rd quarter. NewEdge Advisors LLC now owns 7,436 shares of the company’s stock valued at $1,073,000 after acquiring an additional 102 shares during the period. Foundations Investment Advisors LLC increased its stake in Vanguard US Multifactor ETF by 5.6% in the 4th quarter. Foundations Investment Advisors LLC now owns 2,599 shares of the company’s stock valued at $392,000 after buying an additional 137 shares during the period. Finally, JNBA Financial Advisors boosted its position in shares of Vanguard US Multifactor ETF by 64.7% during the 2nd quarter. JNBA Financial Advisors now owns 382 shares of the company’s stock worth $68,000 after purchasing an additional 150 shares in the last quarter.

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.