Partners Wealth Management LLC Takes Position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Partners Wealth Management LLC purchased a new stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,307 shares of the company’s stock, valued at approximately $379,000.

Several other institutional investors have also recently bought and sold shares of the stock. Sigma Planning Corp acquired a new stake in Vanguard U.S. Momentum Factor ETF in the fourth quarter worth about $306,000. Pacific Sun Financial Corp boosted its stake in shares of Vanguard U.S. Momentum Factor ETF by 15.7% in the 4th quarter. Pacific Sun Financial Corp now owns 1,523 shares of the company’s stock valued at $250,000 after purchasing an additional 207 shares during the last quarter. Atria Wealth Solutions Inc. boosted its stake in shares of Vanguard U.S. Momentum Factor ETF by 31.8% in the 4th quarter. Atria Wealth Solutions Inc. now owns 3,306 shares of the company’s stock valued at $543,000 after purchasing an additional 798 shares during the last quarter. Systelligence LLC grew its position in shares of Vanguard U.S. Momentum Factor ETF by 28.8% during the 4th quarter. Systelligence LLC now owns 95,969 shares of the company’s stock worth $15,774,000 after buying an additional 21,441 shares during the period. Finally, Principal Securities Inc. raised its stake in shares of Vanguard U.S. Momentum Factor ETF by 4.8% during the fourth quarter. Principal Securities Inc. now owns 3,414 shares of the company’s stock worth $561,000 after buying an additional 157 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Price Performance

Shares of BATS VFMO opened at $166.96 on Monday. The firm has a fifty day simple moving average of $170.16 and a 200 day simple moving average of $165.74. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 18.29 and a beta of 1.08.

Vanguard U.S. Momentum Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were paid a $0.4434 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is an increase from Vanguard U.S. Momentum Factor ETF’s previous dividend of $0.15.

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.