Lazari Capital Management Inc. Lowers Position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Posted by Jared Coughlin on Feb 3rd, 2025

Lazari Capital Management Inc. lowered its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO – Free Report) by 35.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,296 shares of the company’s stock after selling 2,365 shares during the period. Lazari Capital Management Inc.’s holdings in Vanguard U.S. Momentum Factor ETF were worth $706,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Freedom LLC purchased a new stake in Vanguard U.S. Momentum Factor ETF in the fourth quarter worth $31,000. Strategic Blueprint LLC bought a new stake in Vanguard U.S. Momentum Factor ETF in the third quarter worth $203,000. Pacific Sun Financial Corp bought a new stake in Vanguard U.S. Momentum Factor ETF in the third quarter worth $212,000. Signature Estate & Investment Advisors LLC bought a new stake in Vanguard U.S. Momentum Factor ETF in the third quarter worth $214,000. Finally, Wealthcare Advisory Partners LLC bought a new stake in Vanguard U.S. Momentum Factor ETF in the fourth quarter worth $223,000.

Vanguard U.S. Momentum Factor ETF Stock Up 5.2 %

Vanguard U.S. Momentum Factor ETF stock opened at $172.71 on Monday. The business has a 50 day moving average of $170.75 and a two-hundred day moving average of $163.35. The company has a market capitalization of $587.22 million, a P/E ratio of 15.83 and a beta of 1.31.

Vanguard U.S. Momentum Factor ETF Increases Dividend

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

About Vanguard U.S. Momentum Factor ETF

(Free Report)

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.