Avantax Advisory Services Inc. Buys 1,158 Shares of Vanguard U.S. Minimum Volatility ETF (BATS:VFMV)

Avantax Advisory Services Inc. boosted its stake in Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) by 9.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,510 shares of the company’s stock after purchasing an additional 1,158 shares during the quarter. Avantax Advisory Services Inc. owned about 1.40% of Vanguard U.S. Minimum Volatility ETF worth $1,628,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. National Bank of Canada FI increased its holdings in Vanguard U.S. Minimum Volatility ETF by 66.0% in the third quarter. National Bank of Canada FI now owns 415 shares of the company’s stock valued at $50,000 after purchasing an additional 165 shares during the last quarter. Glass Jacobson Investment Advisors llc increased its holdings in shares of Vanguard U.S. Minimum Volatility ETF by 12.3% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,649 shares of the company’s stock worth $200,000 after acquiring an additional 181 shares in the last quarter. J.W. Cole Advisors Inc. bought a new stake in shares of Vanguard U.S. Minimum Volatility ETF in the fourth quarter worth about $218,000. Jane Street Group LLC bought a new stake in shares of Vanguard U.S. Minimum Volatility ETF in the third quarter worth about $230,000. Finally, Flagship Harbor Advisors LLC increased its holdings in shares of Vanguard U.S. Minimum Volatility ETF by 43.2% in the fourth quarter. Flagship Harbor Advisors LLC now owns 2,589 shares of the company’s stock worth $312,000 after acquiring an additional 781 shares in the last quarter.

Vanguard U.S. Minimum Volatility ETF Price Performance

VFMV stock opened at $125.45 on Wednesday. Vanguard U.S. Minimum Volatility ETF has a fifty-two week low of $106.80 and a fifty-two week high of $128.81. The stock has a market capitalization of $198.20 million, a P/E ratio of 25.75 and a beta of 0.77. The business has a 50-day moving average of $125.00 and a 200-day moving average of $123.53.

Vanguard U.S. Minimum Volatility ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were issued a dividend of $0.5744 per share. This is an increase from Vanguard U.S. Minimum Volatility ETF’s previous dividend of $0.42. The ex-dividend date of this dividend was Monday, December 23rd.

Vanguard U.S. Minimum Volatility ETF Profile

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.