IFP Advisors Inc Sells 102 Shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

IFP Advisors Inc reduced its stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 11.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 785 shares of the company’s stock after selling 102 shares during the quarter. IFP Advisors Inc’s holdings in Vanguard U.S. Momentum Factor ETF were worth $129,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Perigon Wealth Management LLC increased its holdings in shares of Vanguard U.S. Momentum Factor ETF by 10.3% during the fourth quarter. Perigon Wealth Management LLC now owns 1,599 shares of the company’s stock worth $270,000 after purchasing an additional 149 shares during the period. Lincoln Capital Corp increased its holdings in shares of Vanguard U.S. Momentum Factor ETF by 0.6% during the fourth quarter. Lincoln Capital Corp now owns 26,866 shares of the company’s stock worth $4,416,000 after purchasing an additional 151 shares during the period. Principal Securities Inc. increased its holdings in shares of Vanguard U.S. Momentum Factor ETF by 4.8% during the fourth quarter. Principal Securities Inc. now owns 3,414 shares of the company’s stock worth $561,000 after purchasing an additional 157 shares during the period. Armbruster Capital Management Inc. boosted its position in shares of Vanguard U.S. Momentum Factor ETF by 0.4% during the 4th quarter. Armbruster Capital Management Inc. now owns 39,740 shares of the company’s stock worth $6,532,000 after acquiring an additional 175 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its position in shares of Vanguard U.S. Momentum Factor ETF by 10.5% during the 4th quarter. Arkadios Wealth Advisors now owns 1,938 shares of the company’s stock worth $319,000 after acquiring an additional 184 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Trading Down 3.9 %

BATS VFMO opened at $157.83 on Wednesday. The firm’s 50 day simple moving average is $169.55 and its 200 day simple moving average is $166.34. The firm has a market capitalization of $980.12 million, a price-to-earnings ratio of 18.29 and a beta of 1.08. Vanguard U.S. Momentum Factor ETF has a 1 year low of $134.72 and a 1 year high of $179.56.

Vanguard U.S. Momentum Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 26th. Shareholders of record on Monday, December 23rd were paid a $0.4434 dividend. The ex-dividend date was Monday, December 23rd. This is a boost 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.