Signature Estate & Investment Advisors LLC Raises Position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Signature Estate & Investment Advisors LLC grew its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 26.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,674 shares of the company’s stock after acquiring an additional 346 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Vanguard U.S. Momentum Factor ETF were worth $275,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of VFMO. One Wealth Capital Management LLC purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF during the fourth quarter worth approximately $306,000. Redhawk Wealth Advisors Inc. grew its holdings in Vanguard U.S. Momentum Factor ETF by 4.1% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 18,840 shares of the company’s stock worth $3,097,000 after acquiring an additional 741 shares in the last quarter. Ritholtz Wealth Management increased its position in shares of Vanguard U.S. Momentum Factor ETF by 2.2% in the 4th quarter. Ritholtz Wealth Management now owns 441,345 shares of the company’s stock valued at $72,544,000 after purchasing an additional 9,446 shares during the last quarter. Wealthcare Advisory Partners LLC acquired a new stake in shares of Vanguard U.S. Momentum Factor ETF in the 4th quarter valued at $223,000. Finally, Merit Financial Group LLC purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF during the 4th quarter worth $1,870,000.

Vanguard U.S. Momentum Factor ETF Price Performance

BATS:VFMO opened at $154.76 on Friday. Vanguard U.S. Momentum Factor ETF has a 12 month low of $134.72 and a 12 month high of $179.56. The firm has a market capitalization of $956.40 million, a PE ratio of 16.53 and a beta of 1.09. The business’s fifty day moving average price is $165.30 and its 200 day moving average price is $166.06.

Vanguard U.S. Momentum Factor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a dividend of $0.3118 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

Vanguard U.S. Momentum Factor ETF 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.