Brass Tax Wealth Management Inc. Makes New Investment in Vanguard US Multifactor ETF $VFMF

Brass Tax Wealth Management Inc. purchased a new stake in shares of Vanguard US Multifactor ETF (BATS:VFMF) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 165,537 shares of the company’s stock, valued at approximately $23,883,000. Vanguard US Multifactor ETF comprises 4.0% of Brass Tax Wealth Management Inc.’s portfolio, making the stock its 6th biggest position. Brass Tax Wealth Management Inc. owned 0.06% of Vanguard US Multifactor ETF at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Clark Asset Management LLC boosted its position in Vanguard US Multifactor ETF by 1.2% in the third quarter. Clark Asset Management LLC now owns 6,298 shares of the company’s stock worth $909,000 after purchasing an additional 76 shares during the last quarter. Onyx Bridge Wealth Group LLC lifted its stake in shares of Vanguard US Multifactor ETF by 0.6% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 12,689 shares of the company’s stock valued at $1,831,000 after buying an additional 81 shares in the last quarter. Walkner Condon Financial Advisors LLC boosted its holdings in shares of Vanguard US Multifactor ETF by 0.8% in the third quarter. Walkner Condon Financial Advisors LLC now owns 17,223 shares of the company’s stock worth $2,485,000 after acquiring an additional 133 shares during the period. Cedar Point Capital Partners LLC boosted its stake in Vanguard US Multifactor ETF by 1.4% in the 3rd quarter. Cedar Point Capital Partners LLC now owns 12,059 shares of the company’s stock worth $1,740,000 after purchasing an additional 169 shares during the period. Finally, BridgePort Financial Solutions LLC grew its holdings in Vanguard US Multifactor ETF by 6.0% during the 3rd quarter. BridgePort Financial Solutions LLC now owns 4,411 shares of the company’s stock valued at $636,000 after buying an additional 248 shares in the last quarter.

Vanguard US Multifactor ETF Stock Down 0.2%

Shares of VFMF opened at $154.10 on Friday. Vanguard US Multifactor ETF has a twelve month low of $109.46 and a twelve month high of $164.95. The stock has a market cap of $411.45 million, a PE ratio of 14.32 and a beta of 0.97. The business’s 50-day moving average price is $159.10 and its 200-day moving average price is $150.58.

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.