Journey Advisory Group LLC Cuts Holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Journey Advisory Group LLC lowered its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 2.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,257 shares of the company’s stock after selling 903 shares during the quarter. Journey Advisory Group LLC’s holdings in Vanguard U.S. Momentum Factor ETF were worth $5,145,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC grew its holdings in shares of Vanguard U.S. Momentum Factor ETF by 30,610.5% in the third quarter. International Assets Investment Management LLC now owns 414,285 shares of the company’s stock worth $66,679,000 after acquiring an additional 412,936 shares during the period. Systelligence LLC bought a new stake in shares of Vanguard U.S. Momentum Factor ETF during the 2nd quarter valued at about $13,341,000. Great Valley Advisor Group Inc. increased its position in shares of Vanguard U.S. Momentum Factor ETF by 86.2% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 55,408 shares of the company’s stock valued at $8,918,000 after purchasing an additional 25,646 shares during the last quarter. Redhawk Wealth Advisors Inc. lifted its stake in shares of Vanguard U.S. Momentum Factor ETF by 253.2% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 18,099 shares of the company’s stock worth $2,913,000 after purchasing an additional 12,975 shares during the period. Finally, Ritholtz Wealth Management boosted its holdings in shares of Vanguard U.S. Momentum Factor ETF by 2.8% in the third quarter. Ritholtz Wealth Management now owns 431,899 shares of the company’s stock worth $69,514,000 after buying an additional 11,880 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Price Performance

Shares of BATS VFMO opened at $177.06 on Friday. The company has a market capitalization of $602.00 million, a price-to-earnings ratio of 15.83 and a beta of 1.31. The firm’s 50-day simple moving average is $164.86 and its 200 day simple moving average is $156.23.

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.