Transform Wealth LLC Takes $1.94 Million Position in Vanguard US Multifactor ETF (BATS:VFMF)

Transform Wealth LLC purchased a new stake in shares of Vanguard US Multifactor ETF (BATS:VFMF) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 14,861 shares of the company’s stock, valued at approximately $1,941,000.

A number of other large investors have also added to or reduced their stakes in the company. Raymond James & Associates lifted its position in shares of Vanguard US Multifactor ETF by 197.5% in the 3rd quarter. Raymond James & Associates now owns 60,506 shares of the company’s stock worth $7,890,000 after purchasing an additional 40,167 shares during the period. Baron Silver Stevens Financial Advisors LLC raised its position in shares of Vanguard US Multifactor ETF by 21.6% in the 3rd quarter. Baron Silver Stevens Financial Advisors LLC now owns 21,596 shares of the company’s stock worth $2,816,000 after acquiring an additional 3,832 shares in the last quarter. TFB Advisors LLC purchased a new position in shares of Vanguard US Multifactor ETF in the 3rd quarter valued at approximately $425,000. Walkner Condon Financial Advisors LLC lifted its stake in shares of Vanguard US Multifactor ETF by 13.1% in the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 21,773 shares of the company’s stock valued at $2,839,000 after purchasing an additional 2,518 shares during the period. Finally, Brookstone Capital Management bought a new stake in shares of Vanguard US Multifactor ETF during the fourth quarter valued at approximately $217,000.

Vanguard US Multifactor ETF Stock Performance

Shares of VFMF opened at $134.76 on Tuesday. The company has a market cap of $278.96 million, a PE ratio of 10.28 and a beta of 0.99. The stock has a 50 day moving average of $135.11 and a 200 day moving average of $130.85.

Vanguard US Multifactor ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were given a $0.5955 dividend. The ex-dividend date was Monday, December 23rd. This is a boost from Vanguard US Multifactor ETF’s previous dividend of $0.41.

About Vanguard US Multifactor ETF

The Vanguard U.S. Multifactor ETF (VFMF) is an exchange-traded fund that is based on the MSCI USA Diversified Multi-Factor index. The fund is an actively-managed fund that invests in US equities exhibiting value, momentum, quality and low volatility factors. VFMF was launched on Feb 13, 2018 and is managed by Vanguard.