Commonwealth Equity Services LLC Increases Stock Position in Vanguard U.S. Minimum Volatility ETF (BATS:VFMV)

Commonwealth Equity Services LLC raised its holdings in Vanguard U.S. Minimum Volatility ETF (BATS:VFMV – Get Rating) by 56.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,892 shares of the company’s stock after purchasing an additional 2,860 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Vanguard U.S. Minimum Volatility ETF were worth $776,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Keystone Financial Group purchased a new stake in shares of Vanguard U.S. Minimum Volatility ETF during the 4th quarter worth $477,000. Bleakley Financial Group LLC purchased a new stake in Vanguard U.S. Minimum Volatility ETF during the fourth quarter worth about $1,238,000. LPL Financial LLC grew its position in Vanguard U.S. Minimum Volatility ETF by 159.6% during the fourth quarter. LPL Financial LLC now owns 8,309 shares of the company’s stock worth $817,000 after buying an additional 5,108 shares during the period. Compass Financial Group INC SD acquired a new position in Vanguard U.S. Minimum Volatility ETF during the fourth quarter worth about $1,670,000. Finally, Spire Wealth Management purchased a new position in Vanguard U.S. Minimum Volatility ETF in the fourth quarter valued at about $29,000.

Vanguard U.S. Minimum Volatility ETF Trading Down 0.2 %

VFMV opened at $97.58 on Wednesday. The firm has a market cap of $83.92 million, a PE ratio of 17.30 and a beta of 0.77. The stock has a fifty day moving average price of $97.82 and a 200 day moving average price of $98.91.

About Vanguard U.S. Minimum Volatility ETF

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The Vanguard U.S. Minimum Volatility ETF (VFMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility index. The fund seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. VFMV was launched on Feb 13, 2018 and is managed by Vanguard.