Main Street Financial Solutions LLC Takes $276,000 Position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Main Street Financial Solutions LLC acquired a new stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 1,714 shares of the company’s stock, valued at approximately $276,000.

Other hedge funds also recently bought and sold shares of the company. Harbour Investments Inc. grew its position in shares of Vanguard U.S. Momentum Factor ETF by 78.8% in the third quarter. Harbour Investments Inc. now owns 2,732 shares of the company’s stock valued at $440,000 after purchasing an additional 1,204 shares in the last quarter. TFB Advisors LLC grew its holdings in Vanguard U.S. Momentum Factor ETF by 49.3% in the 3rd quarter. TFB Advisors LLC now owns 2,292 shares of the company’s stock valued at $369,000 after buying an additional 757 shares in the last quarter. Blake Schutter Theil Wealth Advisors LLC purchased a new position in shares of Vanguard U.S. Momentum Factor ETF during the 3rd quarter worth $412,000. United Advisor Group LLC boosted its position in shares of Vanguard U.S. Momentum Factor ETF by 30.8% during the 3rd quarter. United Advisor Group LLC now owns 4,212 shares of the company’s stock valued at $678,000 after acquiring an additional 992 shares during the last quarter. Finally, Schulz Wealth LTD. grew its holdings in shares of Vanguard U.S. Momentum Factor ETF by 3.6% in the third quarter. Schulz Wealth LTD. now owns 84,433 shares of the company’s stock valued at $13,589,000 after purchasing an additional 2,970 shares during the period.

Vanguard U.S. Momentum Factor ETF Stock Down 1.4 %

Shares of VFMO stock opened at $171.26 on Friday. The stock has a market capitalization of $582.28 million, a P/E ratio of 15.83 and a beta of 1.31. The stock’s 50 day moving average price is $162.38 and its 200-day moving average price is $155.02.

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.