Northwestern Mutual Wealth Management Co. Increases Position in Vanguard US Multifactor ETF $VFMF

Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard US Multifactor ETF (BATS:VFMF) by 3,810.1% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,093 shares of the company’s stock after buying an additional 14,707 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard US Multifactor ETF were worth $2,275,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Coquina Private Wealth LLC purchased a new position in Vanguard US Multifactor ETF in the fourth quarter valued at approximately $212,000. Studio Investment Management LLC purchased a new position in Vanguard US Multifactor ETF in the third quarter valued at approximately $231,000. Titleist Asset Management LLC purchased a new position in Vanguard US Multifactor ETF in the third quarter valued at approximately $237,000. Envestnet Portfolio Solutions Inc. lifted its stake in Vanguard US Multifactor ETF by 13.6% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,614 shares of the company’s stock valued at $243,000 after purchasing an additional 193 shares during the last quarter. Finally, Harbor Asset Planning Inc. lifted its stake in Vanguard US Multifactor ETF by 5.2% in the fourth quarter. Harbor Asset Planning Inc. now owns 1,618 shares of the company’s stock valued at $244,000 after purchasing an additional 80 shares during the last quarter.

Vanguard US Multifactor ETF Stock Performance

Shares of Vanguard US Multifactor ETF stock opened at $171.57 on Friday. Vanguard US Multifactor ETF has a 52-week low of $129.40 and a 52-week high of $175.52. The stock’s 50-day simple moving average is $165.75 and its 200 day simple moving average is $158.84. The stock has a market capitalization of $458.09 million, a P/E ratio of 14.32 and a beta of 0.97.

Vanguard US Multifactor ETF 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.