Atria Wealth Solutions Inc. Has $277,000 Position in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Atria Wealth Solutions Inc. lowered its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 44.7% in the 1st quarter, HoldingsChannel.com reports. The firm owned 1,828 shares of the company’s stock after selling 1,478 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Vanguard U.S. Momentum Factor ETF were worth $277,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Tectonic Advisors LLC grew its position in Vanguard U.S. Momentum Factor ETF by 2.4% in the 1st quarter. Tectonic Advisors LLC now owns 2,970 shares of the company’s stock valued at $451,000 after purchasing an additional 71 shares during the period. AdvisorNet Financial Inc boosted its holdings in Vanguard U.S. Momentum Factor ETF by 6.0% during the 1st quarter. AdvisorNet Financial Inc now owns 2,017 shares of the company’s stock worth $306,000 after acquiring an additional 115 shares during the last quarter. Transce3nd LLC purchased a new position in Vanguard U.S. Momentum Factor ETF during the 4th quarter worth $33,000. Arkadios Wealth Advisors boosted its holdings in Vanguard U.S. Momentum Factor ETF by 10.5% during the 1st quarter. Arkadios Wealth Advisors now owns 2,142 shares of the company’s stock worth $325,000 after acquiring an additional 204 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its holdings in Vanguard U.S. Momentum Factor ETF by 3.5% during the 1st quarter. Avantax Advisory Services Inc. now owns 6,410 shares of the company’s stock worth $973,000 after acquiring an additional 219 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Price Performance

VFMO opened at $177.72 on Friday. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 22.24 and a beta of 1.08. The firm’s fifty day moving average price is $172.46 and its two-hundred day moving average price is $163.23. Vanguard U.S. Momentum Factor ETF has a 1 year low of $128.58 and a 1 year high of $179.56.

About Vanguard U.S. Momentum Factor ETF

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.