Ritholtz Wealth Management Boosts Stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Ritholtz Wealth Management boosted its position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 2.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 441,345 shares of the company’s stock after purchasing an additional 9,446 shares during the period. Vanguard U.S. Momentum Factor ETF makes up approximately 2.1% of Ritholtz Wealth Management’s investment portfolio, making the stock its 11th biggest holding. Ritholtz Wealth Management owned approximately 12.98% of Vanguard U.S. Momentum Factor ETF worth $72,544,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Strategic Blueprint LLC purchased a new position in Vanguard U.S. Momentum Factor ETF in the 3rd quarter worth about $203,000. Pacific Sun Financial Corp purchased a new position in shares of Vanguard U.S. Momentum Factor ETF during the third quarter worth approximately $212,000. Signature Estate & Investment Advisors LLC bought a new stake in shares of Vanguard U.S. Momentum Factor ETF during the third quarter valued at approximately $214,000. Main Street Financial Solutions LLC purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF in the third quarter valued at approximately $276,000. Finally, One Wealth Capital Management LLC bought a new position in Vanguard U.S. Momentum Factor ETF in the fourth quarter worth approximately $306,000.

Vanguard U.S. Momentum Factor ETF Price Performance

VFMO opened at $168.94 on Friday. The business’s 50 day moving average price is $171.02 and its two-hundred day moving average price is $161.73. The stock has a market cap of $574.40 million, a P/E ratio of 15.83 and a beta of 1.31.

Vanguard U.S. Momentum Factor ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.4434 per share. The ex-dividend date was Monday, December 23rd. This is a positive change from Vanguard U.S. Momentum Factor ETF’s previous dividend of $0.15.

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.