Redwood Family Wealth LLC Acquires New Position in Vanguard U.S. Momentum Factor ETF $VFMO

Redwood Family Wealth LLC acquired a new stake in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,826 shares of the company’s stock, valued at approximately $732,000. Vanguard U.S. Momentum Factor ETF makes up about 0.7% of Redwood Family Wealth LLC’s holdings, making the stock its 29th biggest holding. Redwood Family Wealth LLC owned about 0.06% of Vanguard U.S. Momentum Factor ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MML Investors Services LLC raised its holdings in shares of Vanguard U.S. Momentum Factor ETF by 1.5% during the second quarter. MML Investors Services LLC now owns 3,933 shares of the company’s stock worth $678,000 after purchasing an additional 57 shares during the period. Principal Securities Inc. boosted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 1.7% in the 4th quarter. Principal Securities Inc. now owns 3,720 shares of the company’s stock valued at $711,000 after buying an additional 63 shares during the period. Royal Bank of Canada boosted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 2.3% in the 1st quarter. Royal Bank of Canada now owns 3,776 shares of the company’s stock valued at $573,000 after buying an additional 86 shares during the period. Thoroughbred Financial Services LLC boosted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 1.5% in the 4th quarter. Thoroughbred Financial Services LLC now owns 6,121 shares of the company’s stock valued at $1,170,000 after buying an additional 88 shares during the period. Finally, Arkadios Wealth Advisors grew its position in shares of Vanguard U.S. Momentum Factor ETF by 5.0% during the 4th quarter. Arkadios Wealth Advisors now owns 2,249 shares of the company’s stock valued at $430,000 after buying an additional 107 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Price Performance

VFMO opened at $242.14 on Friday. The company’s 50-day moving average price is $227.74 and its 200 day moving average price is $210.01. Vanguard U.S. Momentum Factor ETF has a fifty-two week low of $163.88 and a fifty-two week high of $243.40. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 22.24 and a beta of 1.08.

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.