Vanguard U.S. Momentum Factor ETF $VFMO Shares Sold by Tectonic Advisors LLC

Tectonic Advisors LLC lowered its stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 12.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,596 shares of the company’s stock after selling 374 shares during the quarter. Tectonic Advisors LLC’s holdings in Vanguard U.S. Momentum Factor ETF were worth $448,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of VFMO. Wealthcare Advisory Partners LLC lifted its position in Vanguard U.S. Momentum Factor ETF by 25.0% in the first quarter. Wealthcare Advisory Partners LLC now owns 1,697 shares of the company’s stock valued at $257,000 after buying an additional 339 shares during the last quarter. Armbruster Capital Management Inc. lifted its position in Vanguard U.S. Momentum Factor ETF by 2.9% in the first quarter. Armbruster Capital Management Inc. now owns 40,893 shares of the company’s stock valued at $6,204,000 after buying an additional 1,153 shares during the last quarter. Ritholtz Wealth Management lifted its position in Vanguard U.S. Momentum Factor ETF by 8.7% in the first quarter. Ritholtz Wealth Management now owns 479,873 shares of the company’s stock valued at $72,802,000 after buying an additional 38,528 shares during the last quarter. Pacific Sun Financial Corp lifted its position in Vanguard U.S. Momentum Factor ETF by 33.0% in the first quarter. Pacific Sun Financial Corp now owns 2,026 shares of the company’s stock valued at $307,000 after buying an additional 503 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in Vanguard U.S. Momentum Factor ETF in the first quarter valued at about $210,000.

Vanguard U.S. Momentum Factor ETF Price Performance

BATS VFMO opened at $189.69 on Friday. The stock has a market capitalization of $1.20 billion, a P/E ratio of 22.24 and a beta of 1.08. Vanguard U.S. Momentum Factor ETF has a 12 month low of $128.58 and a 12 month high of $179.56. The firm’s 50-day moving average is $184.37 and its two-hundred day moving average is $169.26.

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.