Vanguard U.S. Minimum Volatility ETF $VFMV is Independence Asset Advisors LLC’s 6th Largest Position

Independence Asset Advisors LLC increased its position in Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) by 0.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,915 shares of the company’s stock after acquiring an additional 100 shares during the period. Vanguard U.S. Minimum Volatility ETF comprises approximately 1.7% of Independence Asset Advisors LLC’s holdings, making the stock its 6th largest position. Independence Asset Advisors LLC owned approximately 0.93% of Vanguard U.S. Minimum Volatility ETF worth $2,682,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc raised its holdings in Vanguard U.S. Minimum Volatility ETF by 307.0% in the 2nd quarter. AdvisorNet Financial Inc now owns 232 shares of the company’s stock worth $30,000 after acquiring an additional 175 shares during the last quarter. Armstrong Advisory Group Inc. purchased a new position in Vanguard U.S. Minimum Volatility ETF in the 2nd quarter worth approximately $27,000. Physician Wealth Advisors Inc. purchased a new position in Vanguard U.S. Minimum Volatility ETF in the 1st quarter worth approximately $34,000. Flagship Harbor Advisors LLC raised its holdings in Vanguard U.S. Minimum Volatility ETF by 13.9% in the 1st quarter. Flagship Harbor Advisors LLC now owns 2,948 shares of the company’s stock worth $374,000 after acquiring an additional 359 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC raised its holdings in Vanguard U.S. Minimum Volatility ETF by 18.3% in the 1st quarter. Signature Estate & Investment Advisors LLC now owns 3,194 shares of the company’s stock worth $405,000 after acquiring an additional 494 shares during the last quarter.

Vanguard U.S. Minimum Volatility ETF Stock Up 7.4%

Shares of BATS VFMV opened at $129.62 on Friday. Vanguard U.S. Minimum Volatility ETF has a twelve month low of $112.97 and a twelve month high of $129.53. The firm has a market cap of $290.34 million, a P/E ratio of 20.97 and a beta of 0.69. The company has a 50 day moving average of $130.38 and a 200 day moving average of $127.10.

About Vanguard U.S. Minimum Volatility ETF

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.