Sequoia Financial Advisors LLC Decreases Stake in Vanguard U.S. Minimum Volatility ETF $VFMV

Sequoia Financial Advisors LLC cut its holdings in shares of Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) by 19.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 48,437 shares of the company’s stock after selling 11,568 shares during the quarter. Sequoia Financial Advisors LLC owned about 2.16% of Vanguard U.S. Minimum Volatility ETF worth $6,453,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Proathlete Wealth Management LLC purchased a new position in Vanguard U.S. Minimum Volatility ETF in the 4th quarter worth approximately $30,000. Geneos Wealth Management Inc. grew its holdings in Vanguard U.S. Minimum Volatility ETF by 86.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 306 shares of the company’s stock valued at $40,000 after buying an additional 142 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard U.S. Minimum Volatility ETF by 50.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 413 shares of the company’s stock valued at $54,000 after acquiring an additional 139 shares during the last quarter. Harbour Investments Inc. boosted its position in shares of Vanguard U.S. Minimum Volatility ETF by 17.4% during the 4th quarter. Harbour Investments Inc. now owns 566 shares of the company’s stock valued at $74,000 after acquiring an additional 84 shares during the last quarter. Finally, Western Wealth Management LLC purchased a new stake in shares of Vanguard U.S. Minimum Volatility ETF in the fourth quarter valued at about $222,000.

Vanguard U.S. Minimum Volatility ETF Stock Performance

Vanguard U.S. Minimum Volatility ETF stock opened at $141.86 on Monday. The company has a 50-day moving average price of $140.27 and a 200 day moving average price of $137.03. Vanguard U.S. Minimum Volatility ETF has a 12-month low of $125.86 and a 12-month high of $142.50. The stock has a market cap of $317.77 million, a P/E ratio of 20.97 and a beta of 0.69.

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.