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

Vanguard US Multifactor ETF (BATS:VFMF)’s stock price reached 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 Stock Performance

The stock has a market cap of $503.66 million, a PE ratio of 14.32 and a beta of 0.97. The business has a 50 day moving average price of $184.53 and a two-hundred day moving average price of $172.76.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Brookstone Capital Management bought a new position in Vanguard US Multifactor ETF during the third quarter valued at about $115,076,000. Geneos Wealth Management Inc. raised its position in Vanguard US Multifactor ETF by 2.6% in the first quarter. Geneos Wealth Management Inc. now owns 43,757 shares of the company’s stock worth $6,786,000 after acquiring an additional 1,116 shares during the period. Physician Wealth Advisors Inc. raised its position in 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 acquiring an additional 19,005 shares during the period. Commonwealth Equity Services LLC purchased a new position in Vanguard US Multifactor ETF in the third quarter valued at approximately $3,851,000. Finally, TFB Advisors LLC increased its holdings in Vanguard US Multifactor ETF by 10.8% in the 3rd quarter. TFB Advisors LLC now owns 21,275 shares of the company’s stock worth $3,798,000 after acquiring an additional 2,069 shares during the last quarter.

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.