Vanguard US Multifactor ETF (BATS:VFMF) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Vanguard US Multifactor ETF (BATS:VFMF)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $128.48 and traded as high as $140.10. Vanguard US Multifactor ETF shares last traded at $139.18, with a volume of 26,144 shares.

Vanguard US Multifactor ETF Stock Performance

The company has a fifty day moving average price of $134.42 and a two-hundred day moving average price of $128.48. The company has a market cap of $288.10 million, a P/E ratio of 10.28 and a beta of 0.99.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Raymond James & Associates raised its stake in shares of Vanguard US Multifactor ETF by 197.5% during the 3rd quarter. Raymond James & Associates now owns 60,506 shares of the company’s stock worth $7,890,000 after purchasing an additional 40,167 shares in the last quarter. Walkner Condon Financial Advisors LLC raised its position in Vanguard US Multifactor ETF by 30.6% during the second quarter. Walkner Condon Financial Advisors LLC now owns 19,255 shares of the company’s stock worth $2,357,000 after acquiring an additional 4,513 shares in the last quarter. Baron Silver Stevens Financial Advisors LLC raised its position in Vanguard US Multifactor ETF by 21.6% during the third quarter. Baron Silver Stevens Financial Advisors LLC now owns 21,596 shares of the company’s stock worth $2,816,000 after acquiring an additional 3,832 shares in the last quarter. Signature Estate & Investment Advisors LLC acquired a new stake in Vanguard US Multifactor ETF in the second quarter valued at $454,000. Finally, TFB Advisors LLC bought a new position in shares of Vanguard US Multifactor ETF in the 3rd quarter valued at about $425,000.

About Vanguard US Multifactor ETF

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.