Vanguard US Multifactor ETF (BATS:VFMF) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Shares of Vanguard US Multifactor ETF (BATS:VFMF) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $127.67 and traded as high as $142.19. Vanguard US Multifactor ETF shares last traded at $141.41, with a volume of 27,813 shares.

Vanguard US Multifactor ETF Trading Up 1.3 %

The stock has a market cap of $292.71 million, a P/E ratio of 10.28 and a beta of 0.99. The company’s fifty day simple moving average is $132.70 and its 200-day simple moving average is $127.67.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VFMF. LRI Investments LLC acquired a new position in shares of Vanguard US Multifactor ETF in the 3rd quarter worth approximately $133,000. Glass Jacobson Investment Advisors llc raised its stake in Vanguard US Multifactor ETF by 213.6% during the third quarter. Glass Jacobson Investment Advisors llc now owns 207 shares of the company’s stock worth $27,000 after acquiring an additional 141 shares in the last quarter. Centaurus Financial Inc. lifted its holdings in shares of Vanguard US Multifactor ETF by 18.1% during the third quarter. Centaurus Financial Inc. now owns 1,602 shares of the company’s stock valued at $209,000 after acquiring an additional 246 shares during the period. Signature Estate & Investment Advisors LLC boosted its stake in shares of Vanguard US Multifactor ETF by 9.5% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 4,060 shares of the company’s stock valued at $529,000 after purchasing an additional 353 shares in the last quarter. Finally, TFB Advisors LLC bought a new stake in shares of Vanguard US Multifactor ETF in the 3rd quarter worth about $425,000.

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.