Parkside Financial Bank & Trust Has $172,000 Stock Holdings in Vanguard US Multifactor ETF (BATS:VFMF)

Parkside Financial Bank & Trust boosted its holdings in shares of Vanguard US Multifactor ETF (BATS:VFMF) by 35.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,321 shares of the company’s stock after acquiring an additional 349 shares during the period. Parkside Financial Bank & Trust’s holdings in Vanguard US Multifactor ETF were worth $172,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Baron Silver Stevens Financial Advisors LLC raised its holdings in Vanguard US Multifactor ETF by 11.1% during the fourth quarter. Baron Silver Stevens Financial Advisors LLC now owns 23,984 shares of the company’s stock worth $3,132,000 after buying an additional 2,388 shares during the last quarter. Walkner Condon Financial Advisors LLC raised its holdings in shares of Vanguard US Multifactor ETF by 13.1% in the third quarter. Walkner Condon Financial Advisors LLC now owns 21,773 shares of the company’s stock valued at $2,839,000 after purchasing an additional 2,518 shares during the last quarter. Transform Wealth LLC purchased a new stake in shares of Vanguard US Multifactor ETF in the fourth quarter valued at about $1,941,000. Bank of New York Mellon Corp raised its holdings in shares of Vanguard US Multifactor ETF by 4.4% in the fourth quarter. Bank of New York Mellon Corp now owns 12,565 shares of the company’s stock valued at $1,641,000 after purchasing an additional 526 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC raised its holdings in shares of Vanguard US Multifactor ETF by 6.3% in the fourth quarter. Onyx Bridge Wealth Group LLC now owns 10,368 shares of the company’s stock valued at $1,354,000 after purchasing an additional 616 shares during the last quarter.

Vanguard US Multifactor ETF Stock Performance

Shares of VFMF stock opened at $133.30 on Friday. The firm has a 50 day moving average price of $133.98 and a 200-day moving average price of $132.86. The stock has a market capitalization of $345.25 million, a P/E ratio of 11.21 and a beta of 1.05.

Vanguard US Multifactor ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were issued a $0.5955 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is an increase from Vanguard US Multifactor ETF’s previous dividend of $0.41.

About Vanguard US Multifactor ETF

The Vanguard U.S. Multifactor ETF (VFMF) is an exchange-traded fund that is based on the MSCI USA Diversified Multi-Factor index. The fund is an actively-managed fund that invests in US equities exhibiting value, momentum, quality and low volatility factors. VFMF was launched on Feb 13, 2018 and is managed by Vanguard.