Parkside Financial Bank & Trust Purchases 95 Shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Parkside Financial Bank & Trust grew its position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 41.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 322 shares of the company’s stock after purchasing an additional 95 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Vanguard U.S. Momentum Factor ETF were worth $53,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Perigon Wealth Management LLC grew its position in shares of Vanguard U.S. Momentum Factor ETF by 10.3% during the 4th quarter. Perigon Wealth Management LLC now owns 1,599 shares of the company’s stock worth $270,000 after buying an additional 149 shares during the period. Lincoln Capital Corp boosted its stake in Vanguard U.S. Momentum Factor ETF by 0.6% during the fourth quarter. Lincoln Capital Corp now owns 26,866 shares of the company’s stock worth $4,416,000 after acquiring an additional 151 shares in the last quarter. Principal Securities Inc. grew its holdings in Vanguard U.S. Momentum Factor ETF by 4.8% in the fourth quarter. Principal Securities Inc. now owns 3,414 shares of the company’s stock worth $561,000 after purchasing an additional 157 shares during the period. Armbruster Capital Management Inc. increased its stake in Vanguard U.S. Momentum Factor ETF by 0.4% in the fourth quarter. Armbruster Capital Management Inc. now owns 39,740 shares of the company’s stock valued at $6,532,000 after purchasing an additional 175 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its holdings in shares of Vanguard U.S. Momentum Factor ETF by 10.5% during the fourth quarter. Arkadios Wealth Advisors now owns 1,938 shares of the company’s stock valued at $319,000 after purchasing an additional 184 shares during the period.

Vanguard U.S. Momentum Factor ETF Stock Performance

Shares of BATS:VFMO opened at $160.81 on Tuesday. Vanguard U.S. Momentum Factor ETF has a 52-week low of $134.72 and a 52-week high of $179.56. The firm has a market cap of $998.65 million, a P/E ratio of 18.29 and a beta of 1.08. The business’s 50 day simple moving average is $169.67 and its two-hundred day simple moving average is $166.30.

Vanguard U.S. Momentum Factor ETF Increases Dividend

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

About Vanguard U.S. Momentum Factor ETF

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.