Vanguard U.S. Momentum Factor ETF (BATS:VFMO) Shares Purchased by Ritholtz Wealth Management

Ritholtz Wealth Management boosted its position in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 2.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 441,345 shares of the company’s stock after buying an additional 9,446 shares during the period. Vanguard U.S. Momentum Factor ETF accounts for about 2.1% of Ritholtz Wealth Management’s portfolio, making the stock its 11th largest holding. Ritholtz Wealth Management owned 0.13% of Vanguard U.S. Momentum Factor ETF worth $72,544,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Creative Planning increased its holdings in shares of Vanguard U.S. Momentum Factor ETF by 13.6% in the second quarter. Creative Planning now owns 4,816 shares of the company’s stock valued at $723,000 after purchasing an additional 577 shares during the last quarter. Lazari Capital Management Inc. acquired a new position in Vanguard U.S. Momentum Factor ETF in the 2nd quarter valued at about $1,049,000. IAM Advisory LLC grew its stake in shares of Vanguard U.S. Momentum Factor ETF by 2.1% in the 3rd quarter. IAM Advisory LLC now owns 8,318 shares of the company’s stock valued at $1,339,000 after buying an additional 173 shares during the period. Pacific Sun Financial Corp acquired a new stake in shares of Vanguard U.S. Momentum Factor ETF during the 3rd quarter worth approximately $212,000. Finally, Redhawk Wealth Advisors Inc. increased its holdings in shares of Vanguard U.S. Momentum Factor ETF by 253.2% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 18,099 shares of the company’s stock worth $2,913,000 after buying an additional 12,975 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Up 2.9 %

VFMO opened at $168.94 on Friday. The firm has a market capitalization of $574.40 million, a PE ratio of 15.83 and a beta of 1.31. The firm has a 50 day simple moving average of $171.02 and a 200 day simple moving average of $161.73.

Vanguard U.S. Momentum Factor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.4434 per share. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from Vanguard U.S. Momentum Factor ETF’s previous dividend of $0.15.

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.