Brass Tax Wealth Management Inc. Invests $23.88 Million in Vanguard US Multifactor ETF $VFMF

Brass Tax Wealth Management Inc. acquired a new position in shares of Vanguard US Multifactor ETF (BATS:VFMF) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 165,537 shares of the company’s stock, valued at approximately $23,883,000. Vanguard US Multifactor ETF makes up 4.0% of Brass Tax Wealth Management Inc.’s investment portfolio, making the stock its 6th largest holding. Brass Tax Wealth Management Inc. owned 6.20% of Vanguard US Multifactor ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Anderson Hoagland & Co. increased its position in Vanguard US Multifactor ETF by 1.4% during the third quarter. Anderson Hoagland & Co. now owns 298,366 shares of the company’s stock worth $43,046,000 after acquiring an additional 4,145 shares during the period. Great Valley Advisor Group Inc. boosted its position in Vanguard US Multifactor ETF by 378.2% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 143,379 shares of the company’s stock worth $19,284,000 after buying an additional 113,399 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of Vanguard US Multifactor ETF by 2.4% in the third quarter. Geneos Wealth Management Inc. now owns 41,797 shares of the company’s stock valued at $6,030,000 after buying an additional 960 shares during the period. Raymond James Financial Inc. raised its position in shares of Vanguard US Multifactor ETF by 6.7% during the third quarter. Raymond James Financial Inc. now owns 39,587 shares of the company’s stock worth $5,711,000 after acquiring an additional 2,485 shares during the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC lifted its stake in shares of Vanguard US Multifactor ETF by 21.1% in the third quarter. Baron Silver Stevens Financial Advisors LLC now owns 29,029 shares of the company’s stock worth $4,188,000 after acquiring an additional 5,060 shares during the period.

Vanguard US Multifactor ETF Price Performance

Shares of VFMF stock opened at $154.10 on Friday. The stock has a market capitalization of $411.45 million, a PE ratio of 14.32 and a beta of 0.97. The business’s 50 day simple moving average is $159.10 and its 200 day simple moving average is $150.58. Vanguard US Multifactor ETF has a one year low of $109.46 and a one year high of $164.95.

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.