Empirical Financial Services LLC d.b.a. Empirical Wealth Management Sells 10,146 Shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management cut its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 12.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 68,672 shares of the company’s stock after selling 10,146 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned about 2.46% of Vanguard U.S. Momentum Factor ETF worth $9,016,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Ritholtz Wealth Management lifted its holdings in Vanguard U.S. Momentum Factor ETF by 3.8% during the fourth quarter. Ritholtz Wealth Management now owns 420,779 shares of the company’s stock worth $55,245,000 after acquiring an additional 15,228 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Vanguard U.S. Momentum Factor ETF by 2.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 120,433 shares of the company’s stock valued at $13,656,000 after purchasing an additional 2,321 shares during the period. Davidson Investment Advisors grew its position in shares of Vanguard U.S. Momentum Factor ETF by 18.5% in the 3rd quarter. Davidson Investment Advisors now owns 95,907 shares of the company’s stock valued at $10,875,000 after purchasing an additional 14,997 shares during the period. Armbruster Capital Management Inc. increased its stake in Vanguard U.S. Momentum Factor ETF by 3.4% during the 4th quarter. Armbruster Capital Management Inc. now owns 37,515 shares of the company’s stock worth $4,925,000 after purchasing an additional 1,225 shares in the last quarter. Finally, Lincoln Capital Corp raised its holdings in Vanguard U.S. Momentum Factor ETF by 15.2% during the 4th quarter. Lincoln Capital Corp now owns 32,913 shares of the company’s stock worth $4,321,000 after buying an additional 4,343 shares during the period.

Vanguard U.S. Momentum Factor ETF Stock Performance

VFMO stock traded up $2.43 during trading hours on Monday, reaching $148.70. 52,796 shares of the stock were exchanged. The firm’s 50 day simple moving average is $146.77 and its 200-day simple moving average is $133.83. The company has a market cap of $505.58 million, a P/E ratio of 15.83 and a beta of 1.31.

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.