What Vanguard U.S. Momentum Factor ETF (VFMO) Sold: Vertiv Leads on Oct. 30

This article first appeared on GuruFocus .

Vanguard U.S. Momentum Factor ETF ( VFMO ) kept to a one-sided session on Friday, with no positions increased and 115 decreased. The fund, with $1.80 billion in assets, recorded $196.0 million in gross ETF activity , all of it selling, for a net outflow of $196.0 million on the day.

What did VFMO sell on Friday?

• Is VFMO fairly valued? Test your thesis with our free DCF calculator.

Its largest sells by dollar value were VRT ($10.7 million), SLB ($9.8 million) and WMB ($8.4 million).

Vertiv Holdings Co-A led the sells at $10.7 million, followed by SLB at $9.8 million and Williams Cos Inc at $8.4 million. Howmet Aerospace was cut by $7.8 million and FedEx Corp by $7.1 million, with FedEx the only one of the five still carrying a listed weight, at 0.3%. None of the largest sells was a new position or a full exit.

How does VFMO invest?

Vanguard U.S. Momentum Factor ETF ( VFMO ) is an Equity US fund in the Equity asset class holding 677 stocks, with 8.5% of assets in its 10 largest holdings. Technology accounts for 30.3% of classified stocks, Healthcare 22.8% and Industrials 11.8%, and the mix is 56.2% large-cap, 27.7% mid-cap and 16.1% small-cap. It charges an expense ratio of 0.13%, and its top holdings are Phillips 66 at 1.05%, Marathon Petroleum Corp at 0.99%, Valero Energy Corp at 0.96%, Advanced Micro Devices at 0.91% and Western Digital Corp at 0.8%. The fund has a GF Score of 72, a P/E of 18.63, a P/B of 3.41, a dividend yield of 0.58% and a year-to-date return of 11.72%.

Vanguard U.S. Momentum Factor ETF ( VFMO ) at a glance

Holdings, performance and fees for VFMO are on its fund summary page ; the ETF Screener lines it up against its peers. Its biggest sell this time, VRT, has its own GF Value page and stock summary .

See which funds are buying and selling on GuruFocus ETF Trends , or find and compare funds with the ETF Screener .