Ritholtz Wealth Management Purchases 15,228 Shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Ritholtz Wealth Management boosted its stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 420,779 shares of the company’s stock after buying an additional 15,228 shares during the period. Vanguard U.S. Momentum Factor ETF accounts for approximately 2.1% of Ritholtz Wealth Management’s investment portfolio, making the stock its 10th largest holding. Ritholtz Wealth Management owned 15.08% of Vanguard U.S. Momentum Factor ETF worth $55,245,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in VFMO. Royal Bank of Canada increased its position in Vanguard U.S. Momentum Factor ETF by 6.2% in the first quarter. Royal Bank of Canada now owns 17,079 shares of the company’s stock worth $2,159,000 after buying an additional 994 shares during the period. Jane Street Group LLC increased its position in Vanguard U.S. Momentum Factor ETF by 89.3% in the first quarter. Jane Street Group LLC now owns 49,791 shares of the company’s stock worth $6,294,000 after buying an additional 23,487 shares during the period. LPL Financial LLC increased its position in Vanguard U.S. Momentum Factor ETF by 126.8% in the second quarter. LPL Financial LLC now owns 8,844 shares of the company’s stock worth $943,000 after buying an additional 4,945 shares during the period. Citadel Advisors LLC increased its position in Vanguard U.S. Momentum Factor ETF by 109.3% in the second quarter. Citadel Advisors LLC now owns 7,479 shares of the company’s stock worth $797,000 after buying an additional 3,905 shares during the period. Finally, UBS Group AG acquired a new stake in Vanguard U.S. Momentum Factor ETF in the third quarter worth $193,000.

Vanguard U.S. Momentum Factor ETF Stock Performance

BATS:VFMO opened at $151.28 on Friday. The company has a market capitalization of $422.07 million, a PE ratio of 11.40 and a beta of 1.01. The stock has a 50-day simple moving average of $143.26 and a two-hundred day simple moving average of $127.61.

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.