Empirical Financial Services LLC d.b.a. Empirical Wealth Management Purchases 3,090 Shares of Vanguard U.S. Momentum Factor ETF $VFMO

Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 2.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 109,211 shares of the company’s stock after acquiring an additional 3,090 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Vanguard U.S. Momentum Factor ETF were worth $21,525,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. MML Investors Services LLC boosted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 1.5% in the second quarter. MML Investors Services LLC now owns 3,933 shares of the company’s stock valued at $678,000 after purchasing an additional 57 shares during the period. Principal Securities Inc. grew its stake in Vanguard U.S. Momentum Factor ETF by 1.7% in the fourth quarter. Principal Securities Inc. now owns 3,720 shares of the company’s stock worth $711,000 after purchasing an additional 63 shares in the last quarter. AdvisorNet Financial Inc increased its holdings in Vanguard U.S. Momentum Factor ETF by 4.0% during the 1st quarter. AdvisorNet Financial Inc now owns 1,664 shares of the company’s stock worth $328,000 after purchasing an additional 64 shares during the period. International Assets Investment Management LLC increased its holdings in Vanguard U.S. Momentum Factor ETF by 0.7% during the 1st quarter. International Assets Investment Management LLC now owns 9,348 shares of the company’s stock worth $1,872,000 after purchasing an additional 65 shares during the period. Finally, Royal Bank of Canada raised its position in Vanguard U.S. Momentum Factor ETF by 2.3% during the 1st quarter. Royal Bank of Canada now owns 3,776 shares of the company’s stock valued at $573,000 after purchasing an additional 86 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Trading Down 1.9%

Shares of VFMO stock opened at $231.74 on Tuesday. Vanguard U.S. Momentum Factor ETF has a twelve month low of $170.02 and a twelve month high of $250.20. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 22.24 and a beta of 1.08. The stock has a fifty day simple moving average of $234.59 and a two-hundred day simple moving average of $215.33.

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.