Pinnacle Associates Ltd. decreased its holdings in Vanguard US Multifactor ETF (BATS:VFMF) by 1.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 31,758 shares of the company’s stock after selling 510 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Vanguard US Multifactor ETF were worth $2,411,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Pinnacle Wealth Management Advisory Group LLC lifted its position in Vanguard US Multifactor ETF by 20.2% in the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 30,338 shares of the company’s stock valued at $2,275,000 after acquiring an additional 5,100 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Vanguard US Multifactor ETF by 5.6% during the 2nd quarter. Commonwealth Equity Services LLC now owns 28,446 shares of the company’s stock worth $2,159,000 after buying an additional 1,502 shares in the last quarter. Bank of New York Mellon Corp bought a new position in shares of Vanguard US Multifactor ETF during the 4th quarter worth approximately $1,163,000. Carroll Financial Associates Inc. lifted its position in shares of Vanguard US Multifactor ETF by 110.0% during the 2nd quarter. Carroll Financial Associates Inc. now owns 11,168 shares of the company’s stock worth $847,000 after buying an additional 5,850 shares in the last quarter. Finally, Advisory Alpha LLC bought a new position in shares of Vanguard US Multifactor ETF during the 1st quarter worth approximately $126,000.

Shares of Vanguard US Multifactor ETF stock traded up $0.18 during mid-day trading on Thursday, hitting $74.07. 10,727 shares of the stock were exchanged. The firm’s 50 day moving average is $75.55 and its 200-day moving average is $75.34.

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Institutional Ownership by Quarter for Vanguard US Multifactor ETF (BATS:VFMF)

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