Vanguard US Multifactor ETF (BATS:VFMF) Sets New 52-Week High – Time to Buy?

Vanguard US Multifactor ETF (BATS:VFMF)’s stock price hit a new 52-week high during trading on Wednesday. The stock traded as high as $189.79 and last traded at $188.5110, with a volume of 6,652 shares trading hands. The stock had previously closed at $186.46.

Vanguard US Multifactor ETF Price Performance

The company has a 50 day moving average of $184.53 and a 200-day moving average of $172.76. The company has a market cap of $503.66 million, a P/E ratio of 14.32 and a beta of 0.97.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. RHS Financial LLC raised its position in Vanguard US Multifactor ETF by 124.9% in the 3rd quarter. RHS Financial LLC now owns 17,915 shares of the company’s stock worth $3,198,000 after purchasing an additional 9,948 shares during the period. Advisortrust Partners LLC purchased a new position in Vanguard US Multifactor ETF in the 1st quarter worth approximately $483,000. Brookstone Capital Management purchased a new position in Vanguard US Multifactor ETF in the 3rd quarter worth approximately $115,076,000. Founders Financial Securities LLC bought a new stake in Vanguard US Multifactor ETF in the third quarter valued at approximately $781,000. Finally, Physician Wealth Advisors Inc. grew its holdings in shares of Vanguard US Multifactor ETF by 519.4% in the third quarter. Physician Wealth Advisors Inc. now owns 22,664 shares of the company’s stock worth $4,046,000 after purchasing an additional 19,005 shares during the last quarter.

About Vanguard US Multifactor ETF

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.