14,070 Shares in Vanguard U.S. Momentum Factor ETF $VFMO Acquired by Payne Capital LLC

Payne Capital LLC acquired a new stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 14,070 shares of the company’s stock, valued at approximately $2,696,000. Vanguard U.S. Momentum Factor ETF comprises 2.7% of Payne Capital LLC’s holdings, making the stock its 14th largest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VFMO. Versant Capital Management Inc acquired a new position in Vanguard U.S. Momentum Factor ETF in the third quarter valued at $27,000. Harbor Asset Planning Inc. acquired a new position in shares of Vanguard U.S. Momentum Factor ETF during the second quarter worth $105,000. Ameritas Advisory Services LLC purchased a new position in shares of Vanguard U.S. Momentum Factor ETF during the 2nd quarter valued at approximately $192,000. Wealth Enhancement Advisory Services LLC acquired a new position in Vanguard U.S. Momentum Factor ETF in the second quarter worth about $201,000. Finally, Melfa Wealth Management Inc. acquired a new stake in shares of Vanguard U.S. Momentum Factor ETF during the third quarter worth $227,000.

Vanguard U.S. Momentum Factor ETF Trading Up 25.8%

Shares of Vanguard U.S. Momentum Factor ETF stock opened at $206.49 on Wednesday. The business’s 50 day simple moving average is $198.33 and its 200-day simple moving average is $190.16. Vanguard U.S. Momentum Factor ETF has a twelve month low of $128.58 and a twelve month high of $179.56. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of 22.24 and a beta of 1.08.

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.