Armbruster Capital Management’s Vanguard US Momentum Factor ETF VFMO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$9.78M	Buy	49,616 +4,625	+10%	+$938K	1.6%	16
2025 Q4	$8.6M	Sell	44,991 -2,759	-6%	-$531K	1.44%	17
2025 Q3	$9.15M	Sell	47,750 -698	-1%	-$125K	1.56%	17
2025 Q2	$8.36M	Buy	48,448 +7,555	+18%	+$1.19M	1.51%	18
2025 Q1	$6.2M	Buy	40,893 +1,153	+3%	+$190K	1.24%	21
2024 Q4	$6.53M	Buy	39,740 +175	+0.4%	+$29.5K	1.33%	21
2024 Q3	$6.37M	Buy	39,565 +2,625	+7%	+$404K	1.27%	22
2024 Q2	$5.55M	Sell	36,940 -300	-0.8%	-$44.4K	1.15%	24
2024 Q1	$5.63M	Sell	37,240 -275	-0.7%	-$38.6K	1.2%	24
2023 Q4	$4.93M	Buy	37,515 +1,225	+3%	+$144K	1.12%	25
2023 Q3	$4.11M	Sell	36,290 -225	-0.6%	-$26.9K	1.04%	25
2023 Q2	$4.43M	Buy	36,515 +1,500	+4%	+$171K	1.09%	26
2023 Q1	$3.94M	Buy	35,015 +8,625	+33%	+$992K	1.01%	26
2022 Q4	$3.01M	Sell	26,390 -1,125	-4%	-$130K	0.78%	28
2022 Q3	$2.91M	Sell	27,515 -6,150	-18%	-$694K	0.83%	26
2022 Q2	$3.59M	Buy	33,665 +7,290	+28%	+$850K	0.97%	24
2022 Q1	$3.33M	Buy	26,375 +12,150	+85%	+$1.5M	0.8%	27
2021 Q4	$1.89M	Buy	14,225 +2,250	+19%	+$303K	0.43%	43
2021 Q3	$1.54M	Hold	11,975	–	–	0.44%	36
2021 Q2	$1.57M	Sell	11,975 -2,950	-20%	-$377K	0.44%	35
2021 Q1	$1.85M	Sell	14,925 -625	-4%	-$77.6K	0.55%	31
2020 Q4	$1.75M	Sell	15,550 -1,125	-7%	-$117K	0.59%	29
2020 Q3	$1.58M	Sell	16,675 -1,275	-7%	-$118K	0.61%	30
2020 Q2	$1.54M	Sell	17,950 -2,201	-11%	-$173K	0.62%	30
2020 Q1	$1.36M	Buy	+20,151	New	+$1.65M	0.64%	32