Vanguard U.S. Momentum Factor ETF $VFMO Shares Bought by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. raised its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 6.9% during the second quarter, HoldingsChannel.com reports. The firm owned 1,955 shares of the company’s stock after buying an additional 127 shares during the period. Atria Wealth Solutions Inc.’s holdings in Vanguard U.S. Momentum Factor ETF were worth $337,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in VFMO. JFS Wealth Advisors LLC acquired a new position in shares of Vanguard U.S. Momentum Factor ETF in the 1st quarter valued at approximately $44,000. Silver Oak Securities Incorporated acquired a new position in shares of Vanguard U.S. Momentum Factor ETF in the 1st quarter valued at approximately $173,000. Ameritas Advisory Services LLC acquired a new position in shares of Vanguard U.S. Momentum Factor ETF in the 2nd quarter valued at approximately $192,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Vanguard U.S. Momentum Factor ETF in the 2nd quarter valued at approximately $201,000. Finally, Janney Montgomery Scott LLC acquired a new position in shares of Vanguard U.S. Momentum Factor ETF in the 1st quarter valued at approximately $210,000.

Vanguard U.S. Momentum Factor ETF Stock Up 19.5%

Shares of VFMO opened at $196.26 on Tuesday. The business’s 50 day moving average is $186.80 and its two-hundred day moving average is $171.44. Vanguard U.S. Momentum Factor ETF has a 52-week low of $128.58 and a 52-week high of $179.56. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 22.24 and a beta of 1.08.

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.