Vanguard U.S. Momentum Factor ETF $VFMO Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 39.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,928 shares of the company’s stock after acquiring an additional 545 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Vanguard U.S. Momentum Factor ETF were worth $333,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Kathmere Capital Management LLC boosted its holdings in Vanguard U.S. Momentum Factor ETF by 10.4% in the second quarter. Kathmere Capital Management LLC now owns 3,229 shares of the company’s stock worth $557,000 after acquiring an additional 303 shares in the last quarter. Foster Group Inc. acquired a new stake in Vanguard U.S. Momentum Factor ETF in the second quarter worth about $279,000. Park Avenue Securities LLC acquired a new stake in Vanguard U.S. Momentum Factor ETF in the second quarter worth about $244,000. Silver Oak Securities Incorporated boosted its holdings in Vanguard U.S. Momentum Factor ETF by 31.5% in the second quarter. Silver Oak Securities Incorporated now owns 1,502 shares of the company’s stock worth $259,000 after acquiring an additional 360 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. boosted its holdings in Vanguard U.S. Momentum Factor ETF by 3.1% in the second quarter. Redhawk Wealth Advisors Inc. now owns 20,207 shares of the company’s stock worth $3,486,000 after acquiring an additional 602 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Performance

Shares of BATS VFMO opened at $193.06 on Monday. The company has a market cap of $1.22 billion, a PE ratio of 22.24 and a beta of 1.08. The business has a 50-day simple moving average of $186.39 and a two-hundred day simple moving average of $171.02. Vanguard U.S. Momentum Factor ETF has a fifty-two week low of $128.58 and a fifty-two week high of $179.56.

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.