Merit Financial Group’s Vanguard US Momentum Factor ETF VFMO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	$3.09M	Buy	17,899 +3,930	+28%	+$678K	0.03%	391
2025 Q1	$2.12M	Buy	13,969 +2,591	+23%	+$393K	0.03%	407
2024 Q4	$1.87M	Buy	+11,378	New	+$1.87M	0.03%	366