Strategic Blueprint LLC Invests $203,000 in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

On November 3rd, 2024, it was reported that Strategic Blueprint LLC has made a new investment in the Vanguard U.S. Momentum Factor ETF (BATS:VFMO). This investment took place during the third quarter and was disclosed to the SEC. The firm purchased a total of 1,261 shares, which are now valued at approximately $203,000.

Additionally, other institutional investors and hedge funds have adjusted their holdings in Vanguard U.S. Momentum Factor ETF. Ritholtz Wealth Management increased its stake by 2.8%, now owning 431,899 shares valued at $69,514,000 after acquiring an additional 11,880 shares in the last quarter. Another notable investment came from International Assets Investment Management LLC, which raised its position dramatically by 30,610.5%, bringing its total to 414,285 shares valued at $66,679,000 after a purchase of 412,936 shares during the quarter.

Davidson Investment Advisors also increased its stake in the ETF by 2.1% in the second quarter, now owning 207,576 shares valued at $31,178,000 after purchasing an extra 4,256 shares. Systelligence LLC entered the market with a new stake in the second quarter, valued at around $13,341,000. Symmetry Partners LLC also raised its holdings by 4.4% in the second quarter, now owning 76,685 shares worth approximately $11,518,000 after adding 3,198 shares to its position.

Current Trading Information

As of Friday, shares of the Vanguard U.S. Momentum Factor ETF opened at $161.42. The ETF has a market capitalization of $548.83 million, a price-to-earnings ratio of 15.83, and a beta of 1.31, indicating its volatility in relation to the market. Its 50-day moving average stands at $159.54, while the 200-day moving average is at $153.18.

About Vanguard U.S. Momentum Factor ETF

The Vanguard U.S. Momentum Factor ETF (VFMO) is an exchange-traded fund that tracks the MSCI USA Momentum Index. The objective of VFMO is to achieve long-term capital appreciation by investing in stocks that show strong recent performance, as determined by Vanguard, its managing company. The ETF was launched on February 13, 2018.

Additional Information and Insights

If you wish to explore more about other holdings or investment opportunities in this ETF, there are various resources available that provide the latest insights and data on market trends.

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