Vanguard US Multifactor ETF (BATS:VFMF) Reaches New 1-Year High – Time to Buy?

Vanguard US Multifactor ETF (BATS:VFMF)’s stock price reached a new 52-week high on Friday . The stock traded as high as $187.73 and last traded at $187.73, with a volume of 13430 shares changing hands. The stock had previously closed at $186.71.

Vanguard US Multifactor ETF Trading Up 0.3%

The business’s fifty day moving average is $179.13 and its 200 day moving average is $168.47. The firm has a market capitalization of $500.17 million, a P/E ratio of 14.32 and a beta of 0.97.

Institutional Investors Weigh In On Vanguard US Multifactor ETF

Large investors have recently modified their holdings of the stock. MBM Wealth Consultants LLC acquired a new position in shares of Vanguard US Multifactor ETF in the 1st quarter worth $54,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Vanguard US Multifactor ETF during the third quarter valued at $56,000. International Assets Investment Management LLC acquired a new position in shares of Vanguard US Multifactor ETF in the 1st quarter valued at $69,000. Moneta Group Investment Advisors LLC acquired a new position in shares of Vanguard US Multifactor ETF in the 4th quarter valued at $203,000. Finally, Essex Financial Services Inc. acquired a new position in shares of Vanguard US Multifactor ETF in the 4th quarter valued at $205,000.

Vanguard US Multifactor ETF Company Profile

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.