Vanguard U.S. Momentum Factor ETF (BATS:VFMO) Declares Dividend of $0.44

Vanguard U.S. Momentum Factor ETF (BATS:VFMO) declared a dividend on Thursday, December 19th,NASDAQ Dividends reports. Shareholders of record on Monday, December 23rd will be paid a dividend of 0.4434 per share on Thursday, December 26th. The ex-dividend date of this dividend is Monday, December 23rd. This is a positive change from Vanguard U.S. Momentum Factor ETF’s previous dividend of $0.15.

Vanguard U.S. Momentum Factor ETF Stock Up 1.5 %

Shares of VFMO traded up $2.52 during mid-day trading on Friday, reaching $166.90. 37,760 shares of the company’s stock were exchanged. The stock’s 50-day simple moving average is $170.50 and its two-hundred day simple moving average is $159.58. The stock has a market cap of $567.46 million, a PE ratio of 15.83 and a beta of 1.31.

Vanguard U.S. Momentum Factor ETF Company 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.