Bank of New York Mellon Corp Decreases Holdings in Vanguard US Multifactor ETF (BATS:VFMF)

Bank of New York Mellon Corp lowered its holdings in shares of Vanguard US Multifactor ETF (BATS:VFMF) by 2.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,999 shares of the company’s stock after selling 363 shares during the period. Bank of New York Mellon Corp owned about 0.58% of Vanguard US Multifactor ETF worth $1,469,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Comerica Bank purchased a new position in shares of Vanguard US Multifactor ETF during the 1st quarter worth about $27,000. Dynamic Advisor Solutions LLC increased its holdings in Vanguard US Multifactor ETF by 34.2% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 2,226 shares of the company’s stock worth $273,000 after purchasing an additional 567 shares during the last quarter. Onyx Bridge Wealth Group LLC boosted its stake in Vanguard US Multifactor ETF by 1.8% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 7,672 shares of the company’s stock valued at $936,000 after acquiring an additional 133 shares during the last quarter. Cedar Point Capital Partners LLC grew its stake in Vanguard US Multifactor ETF by 6.9% in the first quarter. Cedar Point Capital Partners LLC now owns 9,712 shares of the company’s stock worth $1,232,000 after purchasing an additional 624 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC grew its position in shares of Vanguard US Multifactor ETF by 5.9% in the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 16,468 shares of the company’s stock worth $2,090,000 after acquiring an additional 917 shares in the last quarter.

Vanguard US Multifactor ETF Trading Up 1.6 %

Shares of BATS:VFMF opened at $131.01 on Friday. The firm’s fifty day simple moving average is $126.70 and its 200-day simple moving average is $124.29. The company has a market cap of $271.18 million, a P/E ratio of 10.28 and a beta of 0.99.

Vanguard US Multifactor ETF Company Profile

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.