Market Street Wealth Management Advisors LLC Sells 1,262 Shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Market Street Wealth Management Advisors LLC reduced its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 36.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,177 shares of the company’s stock after selling 1,262 shares during the quarter. Market Street Wealth Management Advisors LLC owned 0.09% of Vanguard U.S. Momentum Factor ETF worth $264,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of VFMO. Thrivent Financial for Lutherans bought a new stake in shares of Vanguard U.S. Momentum Factor ETF in the third quarter worth about $3,575,000. Journey Advisory Group LLC bought a new position in shares of Vanguard U.S. Momentum Factor ETF during the first quarter worth about $2,888,000. Jane Street Group LLC grew its holdings in shares of Vanguard U.S. Momentum Factor ETF by 89.3% during 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 in the last quarter. UBS Group AG grew its holdings in shares of Vanguard U.S. Momentum Factor ETF by 997.8% during the fourth quarter. UBS Group AG now owns 20,023 shares of the company’s stock worth $2,284,000 after buying an additional 18,199 shares in the last quarter. Finally, Andesa Financial Management Inc. grew its holdings in shares of Vanguard U.S. Momentum Factor ETF by 142.1% during the first quarter. Andesa Financial Management Inc. now owns 25,476 shares of the company’s stock worth $1,434,000 after buying an additional 14,951 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Performance

BATS:VFMO opened at $116.64 on Tuesday. The stock’s 50-day moving average price is $120.60 and its 200-day moving average price is $116.15. The company has a market capitalization of $325.41 million, a P/E ratio of 11.40 and a beta of 1.01.

Vanguard U.S. Momentum Factor ETF Profile

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.