55,490 Shares in Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC bought a new stake in Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 55,490 shares of the company’s stock, valued at approximately $6,306,000. NewEdge Advisors LLC owned approximately 5.75% of Vanguard U.S. Minimum Volatility ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of VFMV. EverSource Wealth Advisors LLC bought a new position in shares of Vanguard U.S. Minimum Volatility ETF during the 2nd quarter valued at about $34,000. Glass Jacobson Investment Advisors llc boosted its holdings in shares of Vanguard U.S. Minimum Volatility ETF by 119.8% in the second quarter. Glass Jacobson Investment Advisors llc now owns 1,468 shares of the company’s stock valued at $167,000 after buying an additional 800 shares during the period. Parkside Financial Bank & Trust increased its position in shares of Vanguard U.S. Minimum Volatility ETF by 4.1% during the second quarter. Parkside Financial Bank & Trust now owns 2,220 shares of the company’s stock worth $252,000 after acquiring an additional 88 shares in the last quarter. Interchange Capital Partners LLC acquired a new stake in shares of Vanguard U.S. Minimum Volatility ETF during the second quarter worth $631,000. Finally, Foundations Investment Advisors LLC lifted its position in Vanguard U.S. Minimum Volatility ETF by 5.3% in the 2nd quarter. Foundations Investment Advisors LLC now owns 56,597 shares of the company’s stock valued at $6,432,000 after acquiring an additional 2,868 shares in the last quarter.

Vanguard U.S. Minimum Volatility ETF Stock Performance

Shares of BATS VFMV opened at $121.56 on Wednesday. The business has a fifty day moving average of $119.02 and a two-hundred day moving average of $114.35. The firm has a market cap of $117.31 million, a price-to-earnings ratio of 22.80 and a beta of 0.60.

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.