Vanguard U.S. Momentum Factor ETF $VFMO is Ritholtz Wealth Management’s 10th Largest Position

Ritholtz Wealth Management raised its holdings in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 24.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 597,746 shares of the company’s stock after acquiring an additional 117,873 shares during the period. Vanguard U.S. Momentum Factor ETF makes up about 2.3% of Ritholtz Wealth Management’s portfolio, making the stock its 10th biggest position. Ritholtz Wealth Management owned about 9.44% of Vanguard U.S. Momentum Factor ETF worth $103,123,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in VFMO. Northwest Capital Management Inc purchased a new position in shares of Vanguard U.S. Momentum Factor ETF during the second quarter worth $1,124,000. Atria Wealth Solutions Inc. raised its stake in shares of Vanguard U.S. Momentum Factor ETF by 6.9% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 1,955 shares of the company’s stock valued at $337,000 after buying an additional 127 shares during the last quarter. CWM LLC purchased a new position in shares of Vanguard U.S. Momentum Factor ETF during the 2nd quarter valued at about $1,124,000. Concurrent Investment Advisors LLC lifted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 34.3% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 1,884 shares of the company’s stock valued at $325,000 after buying an additional 481 shares during the period. Finally, Apollon Wealth Management LLC purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF in the second quarter worth about $668,000.

Vanguard U.S. Momentum Factor ETF Stock Up 20.2%

Vanguard U.S. Momentum Factor ETF stock opened at $197.28 on Wednesday. The business’s 50-day moving average price is $185.20 and its 200 day moving average price is $169.95. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 22.24 and a beta of 1.08. Vanguard U.S. Momentum Factor ETF has a 52 week low of $128.58 and a 52 week high of $179.56.

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.