Cedar Point Capital Partners LLC Invests $1.04 Million in Vanguard US Multifactor ETF (BATS:VFMF)

Cedar Point Capital Partners LLC acquired a new position in shares of Vanguard US Multifactor ETF (BATS:VFMF) during the fourth quarter, HoldingsChannel reports. The firm acquired 9,088 shares of the company’s stock, valued at approximately $1,044,000. Vanguard US Multifactor ETF accounts for approximately 0.9% of Cedar Point Capital Partners LLC’s portfolio, making the stock its 25th biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Vanguard US Multifactor ETF during the fourth quarter valued at about $609,000. Anderson Hoagland & Co. raised its position in shares of Vanguard US Multifactor ETF by 18.7% during the fourth quarter. Anderson Hoagland & Co. now owns 313,354 shares of the company’s stock worth $35,300,000 after acquiring an additional 49,323 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of Vanguard US Multifactor ETF by 1.8% during the third quarter. Commonwealth Equity Services LLC now owns 33,811 shares of the company’s stock worth $3,491,000 after acquiring an additional 607 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in shares of Vanguard US Multifactor ETF during the third quarter worth about $532,000. Finally, Private Trust Co. NA raised its position in shares of Vanguard US Multifactor ETF by 66.7% during the third quarter. Private Trust Co. NA now owns 500 shares of the company’s stock worth $52,000 after acquiring an additional 200 shares during the last quarter.

Vanguard US Multifactor ETF Price Performance

Shares of VFMF traded up $0.71 during mid-day trading on Friday, reaching $122.07. 2,281 shares of the company were exchanged. The company has a market capitalization of $252.68 million, a PE ratio of 10.23 and a beta of 1.00. The stock has a 50 day simple moving average of $122.25 and a 200 day simple moving average of $113.91.

Vanguard US Multifactor ETF Company Profile

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.