Redwood Family Wealth LLC acquired a new stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 3,826 shares of the company’s stock, valued at approximately $732,000. Vanguard U.S. Momentum Factor ETF accounts for 0.7% of Redwood Family Wealth LLC’s portfolio, making the stock its 29th biggest position.
Other hedge funds have also made changes to their positions in the company. North Star Investment Management Corp. acquired a new stake in Vanguard U.S. Momentum Factor ETF in the fourth quarter worth approximately $62,000. PNC Financial Services Group Inc. acquired a new position in shares of Vanguard U.S. Momentum Factor ETF during the 4th quarter valued at $76,000. High Note Wealth LLC acquired a new position in shares of Vanguard U.S. Momentum Factor ETF during the 4th quarter valued at $91,000. City State Bank raised its stake in shares of Vanguard U.S. Momentum Factor ETF by 420.0% in the 4th quarter. City State Bank now owns 520 shares of the company’s stock worth $99,000 after buying an additional 420 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in shares of Vanguard U.S. Momentum Factor ETF in the 3rd quarter worth $179,000.
Vanguard U.S. Momentum Factor ETF Price Performance
Shares of Vanguard U.S. Momentum Factor ETF stock opened at $242.14 on Friday. The business has a fifty day simple moving average of $227.74 and a 200-day simple moving average of $210.01. Vanguard U.S. Momentum Factor ETF has a fifty-two week low of $163.88 and a fifty-two week high of $243.40. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 22.24 and a beta of 1.08.
Vanguard U.S. Momentum Factor ETF Company 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.
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