Sigma Planning Corp Takes $306,000 Position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Sigma Planning Corp purchased a new stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) in the 4th quarter, Holdings Channel.com reports. The firm purchased 1,860 shares of the company’s stock, valued at approximately $306,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Perigon Wealth Management LLC boosted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 10.3% during the fourth quarter. Perigon Wealth Management LLC now owns 1,599 shares of the company’s stock valued at $270,000 after acquiring an additional 149 shares during the period. Lincoln Capital Corp boosted its stake in Vanguard U.S. Momentum Factor ETF by 0.6% during the 4th quarter. Lincoln Capital Corp now owns 26,866 shares of the company’s stock valued at $4,416,000 after purchasing an additional 151 shares during the period. Principal Securities Inc. grew its position in Vanguard U.S. Momentum Factor ETF by 4.8% in the 4th quarter. Principal Securities Inc. now owns 3,414 shares of the company’s stock worth $561,000 after purchasing an additional 157 shares during the last quarter. Armbruster Capital Management Inc. increased its stake in shares of Vanguard U.S. Momentum Factor ETF by 0.4% in the fourth quarter. Armbruster Capital Management Inc. now owns 39,740 shares of the company’s stock valued at $6,532,000 after purchasing an additional 175 shares during the period. Finally, Arkadios Wealth Advisors increased its stake in shares of Vanguard U.S. Momentum Factor ETF by 10.5% in the fourth quarter. Arkadios Wealth Advisors now owns 1,938 shares of the company’s stock valued at $319,000 after purchasing an additional 184 shares during the period.

Vanguard U.S. Momentum Factor ETF Stock Performance

Shares of BATS VFMO opened at $165.02 on Friday. The firm has a market capitalization of $1.02 billion, a P/E ratio of 18.29 and a beta of 1.08. The business’s 50-day simple moving average is $169.66 and its 200 day simple moving average is $165.95.

Vanguard U.S. Momentum Factor ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 26th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.4434 per share. The ex-dividend date was Monday, December 23rd. This is an increase from Vanguard U.S. Momentum Factor ETF’s previous dividend of $0.15.

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.