5,727 Shares in Vanguard U.S. Momentum Factor ETF $VFMO Bought by PFG Advisors

PFG Advisors acquired a new stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,727 shares of the company’s stock, valued at approximately $1,097,000. PFG Advisors owned 0.09% of Vanguard U.S. Momentum Factor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Versant Capital Management Inc bought a new position in Vanguard U.S. Momentum Factor ETF in the 3rd quarter worth about $27,000. Harbor Asset Planning Inc. boosted its position in shares of Vanguard U.S. Momentum Factor ETF by 17.7% during the 3rd quarter. Harbor Asset Planning Inc. now owns 717 shares of the company’s stock valued at $137,000 after acquiring an additional 108 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in shares of Vanguard U.S. Momentum Factor ETF during the 3rd quarter valued at about $179,000. Melfa Wealth Management Inc. purchased a new position in shares of Vanguard U.S. Momentum Factor ETF during the third quarter worth about $227,000. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of Vanguard U.S. Momentum Factor ETF by 15.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,332 shares of the company’s stock worth $259,000 after purchasing an additional 176 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Trading Down 0.1%

VFMO stock opened at $202.26 on Thursday. The company’s 50 day moving average is $204.50 and its 200 day moving average is $195.35. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 22.24 and a beta of 1.08. Vanguard U.S. Momentum Factor ETF has a 1-year low of $128.58 and a 1-year high of $211.26.

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.