Partners in Financial Planning Purchases Shares of 20,903 Vanguard US Multifactor ETF (BATS:VFMF)

Partners in Financial Planning acquired a new stake in Vanguard US Multifactor ETF (BATS:VFMF) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 20,903 shares of the company’s stock, valued at approximately $2,729,000. Vanguard US Multifactor ETF comprises 0.6% of Partners in Financial Planning’s investment portfolio, making the stock its 23rd biggest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Global Retirement Partners LLC purchased a new position in Vanguard US Multifactor ETF during the 4th quarter valued at about $26,000. Glass Jacobson Investment Advisors llc grew its position in shares of Vanguard US Multifactor ETF by 213.6% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 207 shares of the company’s stock worth $27,000 after buying an additional 141 shares during the last quarter. Tidemark LLC purchased a new position in shares of Vanguard US Multifactor ETF during the fourth quarter valued at approximately $36,000. LRI Investments LLC bought a new position in shares of Vanguard US Multifactor ETF during the third quarter valued at approximately $133,000. Finally, Parkside Financial Bank & Trust lifted its stake in Vanguard US Multifactor ETF by 35.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,321 shares of the company’s stock worth $172,000 after acquiring an additional 349 shares during the period.

Vanguard US Multifactor ETF Stock Down 4.6 %

BATS:VFMF opened at $125.48 on Monday. The firm’s fifty day simple moving average is $132.30 and its 200 day simple moving average is $132.93. The stock has a market cap of $328.74 million, a P/E ratio of 10.57 and a beta of 1.04. Vanguard US Multifactor ETF has a twelve month low of $117.60 and a twelve month high of $142.19.

Vanguard US Multifactor ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a dividend of $0.603 per share. This is a positive change from Vanguard US Multifactor ETF’s previous dividend of $0.60. The ex-dividend date was Tuesday, March 25th.

About Vanguard US Multifactor ETF

The Vanguard U.S. Multifactor ETF (VFMF) is an exchange-traded fund that is based on the MSCI USA Diversified Multi-Factor index. The fund is an actively-managed fund that invests in US equities exhibiting value, momentum, quality and low volatility factors. VFMF was launched on Feb 13, 2018 and is managed by Vanguard.