Vanguard U.S. Momentum Factor ETF (BATS:VFMO) Shares Bought by Schulz Wealth LTD.

Schulz Wealth LTD. increased its position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 1.4% during the fourth quarter, Holdings Channel reports. The fund owned 85,598 shares of the company’s stock after purchasing an additional 1,165 shares during the quarter. Vanguard U.S. Momentum Factor ETF comprises approximately 10.8% of Schulz Wealth LTD.’s investment portfolio, making the stock its 2nd largest position. Schulz Wealth LTD.’s holdings in Vanguard U.S. Momentum Factor ETF were worth $14,070,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Parkside Financial Bank & Trust increased its stake in shares of Vanguard U.S. Momentum Factor ETF by 41.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 322 shares of the company’s stock valued at $53,000 after purchasing an additional 95 shares during the period. Partners Wealth Management LLC bought a new stake in Vanguard U.S. Momentum Factor ETF during the 4th quarter valued at $379,000. Sigma Planning Corp acquired a new position in Vanguard U.S. Momentum Factor ETF during the 4th quarter worth $306,000. Pacific Sun Financial Corp grew its stake in shares of Vanguard U.S. Momentum Factor ETF by 15.7% in the fourth quarter. Pacific Sun Financial Corp now owns 1,523 shares of the company’s stock worth $250,000 after purchasing an additional 207 shares in the last quarter. Finally, Atria Wealth Solutions Inc. increased its holdings in shares of Vanguard U.S. Momentum Factor ETF by 31.8% during the fourth quarter. Atria Wealth Solutions Inc. now owns 3,306 shares of the company’s stock valued at $543,000 after purchasing an additional 798 shares during the period.

Vanguard U.S. Momentum Factor ETF Stock Down 1.2 %

Shares of VFMO opened at $162.22 on Friday. The firm has a 50-day moving average of $169.66 and a 200-day moving average of $165.95. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 18.29 and a beta of 1.08.

Vanguard U.S. Momentum Factor ETF Increases Dividend

The company also recently declared 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 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.