Redhawk Wealth Advisors Inc. Acquires 741 Shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Redhawk Wealth Advisors Inc. raised its holdings in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 4.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,840 shares of the company’s stock after purchasing an additional 741 shares during the period. Redhawk Wealth Advisors Inc. owned approximately 0.55% of Vanguard U.S. Momentum Factor ETF worth $3,097,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of VFMO. International Assets Investment Management LLC grew its holdings in shares of Vanguard U.S. Momentum Factor ETF by 30,610.5% during the 3rd quarter. International Assets Investment Management LLC now owns 414,285 shares of the company’s stock worth $66,679,000 after purchasing an additional 412,936 shares in the last quarter. Great Valley Advisor Group Inc. lifted its position in Vanguard U.S. Momentum Factor ETF by 86.2% during the third quarter. Great Valley Advisor Group Inc. now owns 55,408 shares of the company’s stock worth $8,918,000 after purchasing an additional 25,646 shares during the period. Ritholtz Wealth Management grew its stake in Vanguard U.S. Momentum Factor ETF by 2.8% during 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 in the last quarter. Lazari Capital Management Inc. bought a new position in Vanguard U.S. Momentum Factor ETF in the 2nd quarter valued at about $1,049,000. Finally, Stratos Wealth Advisors LLC raised its position in shares of Vanguard U.S. Momentum Factor ETF by 62.4% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 9,251 shares of the company’s stock valued at $1,489,000 after buying an additional 3,554 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Performance

Shares of Vanguard U.S. Momentum Factor ETF stock opened at $168.16 on Thursday. The company has a market cap of $571.74 million, a P/E ratio of 15.83 and a beta of 1.31. The stock’s fifty day moving average price is $171.20 and its 200 day moving average price is $161.66.

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 issued a $0.4434 dividend. 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.

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.