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

Posted by Scott Moore on Jan 16th, 2025

Redhawk Wealth Advisors Inc. raised its holdings in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO – Free Report) by 4.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,840 shares of the company’s stock after purchasing an additional 741 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Vanguard U.S. Momentum Factor ETF were worth $3,097,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of VFMO. Strategic Blueprint LLC purchased a new position in shares of Vanguard U.S. Momentum Factor ETF during the third quarter valued at approximately $203,000. Pacific Sun Financial Corp purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF in the third quarter valued at about $212,000. Signature Estate & Investment Advisors LLC purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF in the third quarter valued at about $214,000. Main Street Financial Solutions LLC bought a new position in shares of Vanguard U.S. Momentum Factor ETF during the third quarter valued at about $276,000. Finally, One Wealth Capital Management LLC purchased a new position in Vanguard U.S. Momentum Factor ETF during the fourth quarter worth about $306,000.

Vanguard U.S. Momentum Factor ETF Stock Performance

Vanguard U.S. Momentum Factor ETF stock opened at $168.16 on Thursday. The business’s 50 day moving average price is $171.20 and its 200 day moving average price is $161.66. The company has a market cap of $571.74 million, a PE ratio of 15.83 and a beta of 1.31.

Vanguard U.S. Momentum Factor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were issued a dividend of $0.4434 per share. This is a positive change from Vanguard U.S. Momentum Factor ETF’s previous dividend of $0.15. The ex-dividend date was Monday, December 23rd.

Vanguard U.S. Momentum Factor ETF Profile

(Free Report)

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.