Vanguard U.S. Momentum Factor ETF (VFMO) to Issue Dividend of $0.44 on December 26th

Vanguard U.S. Momentum Factor ETF (BATS:VFMO) announced a dividend on Thursday, December 19th,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be paid a dividend of 0.4434 per share on Thursday, December 26th. The ex-dividend date is Monday, December 23rd. This is an increase from Vanguard U.S. Momentum Factor ETF’s previous dividend of $0.15.

Vanguard U.S. Momentum Factor ETF Stock Performance

VFMO stock traded up $2.52 during trading hours on Friday, reaching $166.90. 37,760 shares of the stock were exchanged. The company has a market cap of $567.46 million, a P/E ratio of 15.83 and a beta of 1.31. The firm’s 50 day simple moving average is $170.50 and its 200-day simple moving average is $159.58.

Vanguard U.S. Momentum Factor ETF Company 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.