Systelligence LLC Raises Stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Systelligence LLC boosted its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 28.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 95,969 shares of the company’s stock after buying an additional 21,441 shares during the period. Vanguard U.S. Momentum Factor ETF makes up about 3.9% of Systelligence LLC’s investment portfolio, making the stock its 3rd largest position. Systelligence LLC owned about 2.82% of Vanguard U.S. Momentum Factor ETF worth $15,774,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Stratos Wealth Advisors LLC increased its position in shares of Vanguard U.S. Momentum Factor ETF by 62.4% during the third quarter. Stratos Wealth Advisors LLC now owns 9,251 shares of the company’s stock valued at $1,489,000 after purchasing an additional 3,554 shares during the period. Arkadios Wealth Advisors increased its position in shares of Vanguard U.S. Momentum Factor ETF by 10.5% during the fourth quarter. Arkadios Wealth Advisors now owns 1,938 shares of the company’s stock valued at $319,000 after purchasing an additional 184 shares during the period. Perigon Wealth Management LLC increased its position in shares of Vanguard U.S. Momentum Factor ETF by 10.3% during the fourth quarter. Perigon Wealth Management LLC now owns 1,599 shares of the company’s stock valued at $270,000 after purchasing an additional 149 shares during the period. International Assets Investment Management LLC increased its position in shares of Vanguard U.S. Momentum Factor ETF by 30,610.5% during the third quarter. International Assets Investment Management LLC now owns 414,285 shares of the company’s stock valued at $66,679,000 after purchasing an additional 412,936 shares during the period. Finally, Strategic Blueprint LLC bought a new stake in shares of Vanguard U.S. Momentum Factor ETF during the third quarter valued at approximately $203,000.

Vanguard U.S. Momentum Factor ETF Trading Up 6.8 %

VFMO opened at $175.40 on Monday. The company has a market capitalization of $596.35 million, a PE ratio of 15.83 and a beta of 1.31. The company’s 50-day moving average price is $170.12 and its 200 day moving average price is $164.74.

Vanguard U.S. Momentum Factor ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were given 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 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.