Brookstone Capital Management Takes $217,000 Position in Vanguard US Multifactor ETF (BATS:VFMF)

Brookstone Capital Management purchased a new position in Vanguard US Multifactor ETF (BATS:VFMF) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,659 shares of the company’s stock, valued at approximately $217,000. Brookstone Capital Management owned approximately 0.08% of Vanguard US Multifactor ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Raymond James & Associates raised its position in shares of Vanguard US Multifactor ETF by 197.5% in the 3rd quarter. Raymond James & Associates now owns 60,506 shares of the company’s stock worth $7,890,000 after acquiring an additional 40,167 shares in the last quarter. Centaurus Financial Inc. lifted its position in Vanguard US Multifactor ETF by 10.6% during the second quarter. Centaurus Financial Inc. now owns 1,356 shares of the company’s stock valued at $166,000 after buying an additional 130 shares during the period. Signature Estate & Investment Advisors LLC boosted its holdings in shares of Vanguard US Multifactor ETF by 9.5% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 4,060 shares of the company’s stock valued at $529,000 after buying an additional 353 shares in the last quarter. Baron Silver Stevens Financial Advisors LLC boosted its holdings in shares of Vanguard US Multifactor ETF by 21.6% during the 3rd quarter. Baron Silver Stevens Financial Advisors LLC now owns 21,596 shares of the company’s stock valued at $2,816,000 after buying an additional 3,832 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC grew its position in shares of Vanguard US Multifactor ETF by 15.9% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 9,752 shares of the company’s stock worth $1,272,000 after buying an additional 1,338 shares during the period.

Vanguard US Multifactor ETF Stock Performance

Shares of BATS VFMF opened at $134.76 on Monday. The company’s 50-day simple moving average is $135.21 and its 200-day simple moving average is $130.76. The stock has a market cap of $278.96 million, a PE ratio of 10.28 and a beta of 0.99.

Vanguard US Multifactor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were given a $0.5955 dividend. This is a boost from Vanguard US Multifactor ETF’s previous dividend of $0.41. The ex-dividend date of this dividend was Monday, December 23rd.

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.