Fullcircle Wealth LLC Trims Stock Holdings in Vanguard U.S. Momentum Factor ETF $VFMO

Fullcircle Wealth LLC lowered its stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 6.3% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 8,046 shares of the company’s stock after selling 544 shares during the quarter. Fullcircle Wealth LLC’s holdings in Vanguard U.S. Momentum Factor ETF were worth $1,416,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Ritholtz Wealth Management increased its holdings in Vanguard U.S. Momentum Factor ETF by 24.6% in the 2nd quarter. Ritholtz Wealth Management now owns 597,746 shares of the company’s stock worth $103,123,000 after acquiring an additional 117,873 shares in the last quarter. Financial Partners Group Inc purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF in the first quarter worth $9,062,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of Vanguard U.S. Momentum Factor ETF by 51.5% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 107,518 shares of the company’s stock valued at $18,549,000 after purchasing an additional 36,548 shares during the period. Systelligence LLC lifted its stake in shares of Vanguard U.S. Momentum Factor ETF by 22.8% during the 2nd quarter. Systelligence LLC now owns 178,522 shares of the company’s stock valued at $30,799,000 after buying an additional 33,204 shares in the last quarter. Finally, Betterment LLC bought a new position in Vanguard U.S. Momentum Factor ETF in the 1st quarter worth $3,186,000.

Vanguard U.S. Momentum Factor ETF Stock Performance

Shares of VFMO stock opened at $195.50 on Tuesday. The stock has a fifty day simple moving average of $190.33 and a two-hundred day simple moving average of $175.43. The firm has a market capitalization of $1.24 billion, a PE ratio of 22.24 and a beta of 1.08. Vanguard U.S. Momentum Factor ETF has a 52-week low of $128.58 and a 52-week high of $179.56.

About Vanguard U.S. Momentum Factor ETF

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.