Vanguard US Multifactor ETF (BATS:VFMF) Stock Falls 0.4% – What’s Next?

Vanguard US Multifactor ETF (BATS:VFMF)’s share price was down 0.4% during mid-day trading on Thursday. The company traded as low as $179.86 and last traded at $180.27. 77,031 shares traded hands during trading, an increase of 125% from the average session volume of 34,214 shares. The stock had previously closed at $180.98.

Vanguard US Multifactor ETF Price Performance

The firm has a fifty day moving average price of $184.41 and a 200 day moving average price of $173.62. The firm has a market capitalization of $483.91 million, a PE ratio of 14.32 and a beta of 0.97.

Institutional Investors Weigh In On Vanguard US Multifactor ETF

Hedge funds have recently bought and sold shares of the company. Capital Analysts LLC bought a new stake in shares of Vanguard US Multifactor ETF in the 2nd quarter valued at $89,000. Studio Investment Management LLC raised its stake in Vanguard US Multifactor ETF by 16.8% during the 2nd quarter. Studio Investment Management LLC now owns 2,124 shares of the company’s stock worth $376,000 after buying an additional 306 shares during the period. Concurrent Investment Advisors LLC bought a new position in Vanguard US Multifactor ETF during the second quarter worth about $220,000. JNBA Financial Advisors lifted its holdings in Vanguard US Multifactor ETF by 64.7% during the second quarter. JNBA Financial Advisors now owns 382 shares of the company’s stock worth $68,000 after acquiring an additional 150 shares in the last quarter. Finally, Capital Square LLC acquired a new position in Vanguard US Multifactor ETF in the second quarter valued at about $472,000.

Vanguard US Multifactor ETF Company Profile

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.