Rooted Wealth Advisors Inc. Grows Stock Position in Vanguard US Multifactor ETF $VFMF

Rooted Wealth Advisors Inc. grew its stake in Vanguard US Multifactor ETF (BATS:VFMF) by 28.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 46,955 shares of the company’s stock after buying an additional 10,504 shares during the quarter. Vanguard US Multifactor ETF accounts for about 2.0% of Rooted Wealth Advisors Inc.’s portfolio, making the stock its 12th largest holding. Rooted Wealth Advisors Inc. owned about 1.76% of Vanguard US Multifactor ETF worth $7,808,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. MBM Wealth Consultants LLC purchased a new position in Vanguard US Multifactor ETF during the first quarter valued at approximately $54,000. Nations Financial Group Inc. IA ADV purchased a new stake in Vanguard US Multifactor ETF in the 1st quarter worth approximately $214,000. Storen Legacy Partners LLC acquired a new stake in shares of Vanguard US Multifactor ETF during the 4th quarter worth approximately $30,376,000. NewEdge Advisors LLC increased its holdings in shares of Vanguard US Multifactor ETF by 6.3% during the 4th quarter. NewEdge Advisors LLC now owns 7,905 shares of the company’s stock valued at $1,192,000 after purchasing an additional 469 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Vanguard US Multifactor ETF by 16.1% during the 4th quarter. AQR Capital Management LLC now owns 9,290 shares of the company’s stock valued at $1,400,000 after purchasing an additional 1,291 shares in the last quarter.

Vanguard US Multifactor ETF Stock Performance

Shares of BATS VFMF opened at $177.20 on Friday. The company’s fifty day moving average price is $170.74 and its 200 day moving average price is $161.86. Vanguard US Multifactor ETF has a 1 year low of $131.69 and a 1 year high of $178.19. The company has a market capitalization of $473.12 million, a PE ratio of 14.32 and a beta of 0.97.

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.