Oppenheimer & Co. Inc. Acquires Shares of 6,634 Vanguard U.S. Momentum Factor ETF $VFMO

Oppenheimer & Co. Inc. bought a new position in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,634 shares of the company’s stock, valued at approximately $1,269,000. Oppenheimer & Co. Inc. owned about 0.10% of Vanguard U.S. Momentum Factor ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada lifted its position in Vanguard U.S. Momentum Factor ETF by 2.3% during the 1st quarter. Royal Bank of Canada now owns 3,776 shares of the company’s stock worth $573,000 after buying an additional 86 shares in the last quarter. Jane Street Group LLC increased its position in Vanguard U.S. Momentum Factor ETF by 219.7% in the 1st quarter. Jane Street Group LLC now owns 11,792 shares of the company’s stock valued at $1,789,000 after acquiring an additional 8,103 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of Vanguard U.S. Momentum Factor ETF by 4.7% in the second quarter. NewEdge Advisors LLC now owns 29,158 shares of the company’s stock worth $5,030,000 after acquiring an additional 1,296 shares during the last quarter. Diversify Advisory Services LLC raised its stake in shares of Vanguard U.S. Momentum Factor ETF by 12.7% in the second quarter. Diversify Advisory Services LLC now owns 3,160 shares of the company’s stock worth $566,000 after acquiring an additional 356 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Vanguard U.S. Momentum Factor ETF by 6.0% during the second quarter. Raymond James Financial Inc. now owns 78,675 shares of the company’s stock worth $13,573,000 after purchasing an additional 4,463 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Price Performance

VFMO opened at $231.97 on Thursday. The stock has a market capitalization of $1.47 billion, a P/E ratio of 22.24 and a beta of 1.08. The company’s 50 day simple moving average is $207.63 and its 200-day simple moving average is $200.71. Vanguard U.S. Momentum Factor ETF has a one year low of $154.74 and a one year high of $232.05.

About Vanguard U.S. Momentum Factor ETF

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.