Vanguard U.S. Momentum Factor ETF (BATS:VFMO) to Issue Dividend of $0.44

Vanguard U.S. Momentum Factor ETF (BATS:VFMO) announced a dividend on Thursday, December 19th,NASDAQ Dividends reports. Shareholders of record on Monday, December 23rd will be paid a dividend of 0.4434 per share on Thursday, December 26th. The ex-dividend date is Monday, December 23rd. This is an increase from Vanguard U.S. Momentum Factor ETF’s previous dividend of $0.15.

Vanguard U.S. Momentum Factor ETF Stock Up 1.5 %

Shares of BATS VFMO traded up $2.52 during mid-day trading on Friday, hitting $166.90. The company had a trading volume of 37,760 shares. The company has a 50 day moving average price of $170.50 and a 200-day moving average price of $159.58. The company has a market cap of $567.46 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.