Systelligence LLC Has $15.77 Million Stake in Vanguard U.S. Momentum Factor ETF (BATS:VFMO)

Systelligence LLC increased its position in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 28.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 95,969 shares of the company’s stock after buying an additional 21,441 shares during the quarter. Vanguard U.S. Momentum Factor ETF accounts for about 3.9% of Systelligence LLC’s portfolio, making the stock its 3rd biggest holding. Systelligence LLC’s holdings in Vanguard U.S. Momentum Factor ETF were worth $15,774,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Principal Securities Inc. grew its holdings in shares of Vanguard U.S. Momentum Factor ETF by 4.8% during the fourth quarter. Principal Securities Inc. now owns 3,414 shares of the company’s stock worth $561,000 after buying an additional 157 shares in the last quarter. TFB Advisors LLC boosted its position in Vanguard U.S. Momentum Factor ETF by 33.0% during the fourth quarter. TFB Advisors LLC now owns 3,049 shares of the company’s stock valued at $501,000 after purchasing an additional 757 shares during the last quarter. Hobart Private Capital LLC acquired a new position in Vanguard U.S. Momentum Factor ETF during the fourth quarter valued at approximately $3,412,000. Clear Creek Financial Management LLC boosted its position in Vanguard U.S. Momentum Factor ETF by 536.9% during the fourth quarter. Clear Creek Financial Management LLC now owns 15,100 shares of the company’s stock valued at $2,482,000 after purchasing an additional 12,729 shares during the last quarter. Finally, Strategic Blueprint LLC boosted its position in Vanguard U.S. Momentum Factor ETF by 24.3% during the fourth quarter. Strategic Blueprint LLC now owns 1,567 shares of the company’s stock valued at $258,000 after purchasing an additional 306 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Up 6.8 %

Shares of BATS VFMO opened at $175.40 on Monday. The company’s 50 day moving average is $170.12 and its 200 day moving average is $164.74. The firm has a market capitalization of $596.35 million, a PE ratio of 15.83 and a beta of 1.31.

Vanguard U.S. Momentum Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were given a dividend of $0.4434 per share. The ex-dividend date was Monday, December 23rd. This is a boost 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.