United Advisor Group LLC Acquires 992 Shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

United Advisor Group LLC lifted its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 30.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,212 shares of the company’s stock after acquiring an additional 992 shares during the period. United Advisor Group LLC owned 0.12% of Vanguard U.S. Momentum Factor ETF worth $678,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Commonwealth Equity Services LLC boosted its stake in Vanguard U.S. Momentum Factor ETF by 26.6% in the 1st quarter. Commonwealth Equity Services LLC now owns 5,215 shares of the company’s stock worth $789,000 after purchasing an additional 1,097 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in Vanguard U.S. Momentum Factor ETF by 2.3% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 3,086 shares of the company’s stock valued at $467,000 after acquiring an additional 70 shares in the last quarter. Avantax Advisory Services Inc. bought a new stake in Vanguard U.S. Momentum Factor ETF in the 1st quarter valued at $286,000. Tidal Investments LLC purchased a new stake in Vanguard U.S. Momentum Factor ETF in the 1st quarter worth $563,000. Finally, Aspect Partners LLC boosted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 3.4% during the 1st quarter. Aspect Partners LLC now owns 8,192 shares of the company’s stock valued at $1,239,000 after purchasing an additional 272 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Up 2.0 %

BATS:VFMO opened at $164.82 on Wednesday. The stock has a 50 day moving average price of $159.62 and a 200-day moving average price of $153.48. The stock has a market capitalization of $560.39 million, a P/E ratio of 15.83 and a beta of 1.31.

About Vanguard U.S. Momentum Factor ETF

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.