Vanguard U.S. Momentum Factor ETF (BATS:VFMO) Shares Purchased by Harbour Investments Inc.

Harbour Investments Inc. raised its position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 78.8% in the 3rd quarter, Holdings Channel reports. The fund owned 2,732 shares of the company’s stock after purchasing an additional 1,204 shares during the period. Harbour Investments Inc.’s holdings in Vanguard U.S. Momentum Factor ETF were worth $440,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VFMO. UMB Bank n.a. boosted its position in Vanguard U.S. Momentum Factor ETF by 0.3% in the 2nd quarter. UMB Bank n.a. now owns 26,786 shares of the company’s stock valued at $4,023,000 after buying an additional 91 shares during the last quarter. IAM Advisory LLC grew its stake in Vanguard U.S. Momentum Factor ETF by 2.1% during the 3rd quarter. IAM Advisory LLC now owns 8,318 shares of the company’s stock valued at $1,339,000 after purchasing an additional 173 shares in the last quarter. Aspect Partners LLC increased its holdings in Vanguard U.S. Momentum Factor ETF by 3.4% during the 1st quarter. Aspect Partners LLC now owns 8,192 shares of the company’s stock worth $1,239,000 after purchasing an additional 272 shares during the last quarter. Mather Group LLC. acquired a new position in shares of Vanguard U.S. Momentum Factor ETF in the 2nd quarter valued at approximately $75,000. Finally, Cambridge Trust Co. purchased a new position in shares of Vanguard U.S. Momentum Factor ETF during the 1st quarter valued at approximately $76,000.

Vanguard U.S. Momentum Factor ETF Trading Down 1.1 %

Shares of BATS:VFMO opened at $169.44 on Friday. The company has a market capitalization of $576.10 million, a price-to-earnings ratio of 15.83 and a beta of 1.31. The stock has a 50-day moving average of $162.80 and a two-hundred day moving average of $155.28.

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.