Arkadios Wealth Advisors Increases Stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Arkadios Wealth Advisors boosted its stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 10.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,938 shares of the company’s stock after buying an additional 184 shares during the period. Arkadios Wealth Advisors owned 0.06% of Vanguard U.S. Momentum Factor ETF worth $319,000 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. Ritholtz Wealth Management grew its position in shares of Vanguard U.S. Momentum Factor ETF by 2.2% in the 4th quarter. Ritholtz Wealth Management now owns 441,345 shares of the company’s stock worth $72,544,000 after buying an additional 9,446 shares during the period. International Assets Investment Management LLC grew its holdings in Vanguard U.S. Momentum Factor ETF by 30,610.5% in the third quarter. International Assets Investment Management LLC now owns 414,285 shares of the company’s stock worth $66,679,000 after purchasing an additional 412,936 shares during the period. Schulz Wealth LTD. increased its stake in shares of Vanguard U.S. Momentum Factor ETF by 3.6% during the third quarter. Schulz Wealth LTD. now owns 84,433 shares of the company’s stock valued at $13,589,000 after purchasing an additional 2,970 shares in the last quarter. Great Valley Advisor Group Inc. increased its stake in shares of Vanguard U.S. Momentum Factor ETF by 86.2% during the third quarter. Great Valley Advisor Group Inc. now owns 55,408 shares of the company’s stock valued at $8,918,000 after purchasing an additional 25,646 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. boosted its position in shares of Vanguard U.S. Momentum Factor ETF by 4.1% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 18,840 shares of the company’s stock worth $3,097,000 after purchasing an additional 741 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Trading Up 6.5 %

Shares of Vanguard U.S. Momentum Factor ETF stock opened at $174.91 on Friday. The company has a market cap of $594.70 million, a PE ratio of 15.83 and a beta of 1.31. The stock has a 50-day moving average price of $170.79 and a 200-day moving average price of $162.50.

Vanguard U.S. Momentum Factor ETF Increases Dividend

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

Vanguard U.S. Momentum Factor ETF 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.