Commonwealth Equity Services LLC Boosts Holdings in Vanguard U.S. Minimum Volatility ETF (BATS:VFMV)

Commonwealth Equity Services LLC increased its holdings in shares of Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) by 404.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 24,470 shares of the company’s stock after purchasing an additional 19,621 shares during the period. Commonwealth Equity Services LLC’s holdings in Vanguard U.S. Minimum Volatility ETF were worth $2,949,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. increased its holdings in Vanguard U.S. Minimum Volatility ETF by 9.4% during the 4th quarter. Avantax Advisory Services Inc. now owns 13,510 shares of the company’s stock worth $1,628,000 after purchasing an additional 1,158 shares during the period. Parkside Financial Bank & Trust grew its position in shares of Vanguard U.S. Minimum Volatility ETF by 41.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 3,134 shares of the company’s stock worth $378,000 after buying an additional 914 shares in the last quarter. J.W. Cole Advisors Inc. purchased a new stake in shares of Vanguard U.S. Minimum Volatility ETF during the fourth quarter worth approximately $218,000. Independence Asset Advisors LLC purchased a new stake in shares of Vanguard U.S. Minimum Volatility ETF during the fourth quarter worth approximately $654,000. Finally, Foundations Investment Advisors LLC raised its holdings in Vanguard U.S. Minimum Volatility ETF by 7.0% in the fourth quarter. Foundations Investment Advisors LLC now owns 101,199 shares of the company’s stock valued at $12,195,000 after acquiring an additional 6,649 shares in the last quarter.

Vanguard U.S. Minimum Volatility ETF Stock Up 3.8 %

BATS VFMV opened at $125.37 on Wednesday. Vanguard U.S. Minimum Volatility ETF has a 52 week low of $106.80 and a 52 week high of $128.81. The firm has a 50 day moving average of $125.52 and a two-hundred day moving average of $123.72. The stock has a market capitalization of $198.08 million, a PE ratio of 25.75 and a beta of 0.77.

Vanguard U.S. Minimum Volatility ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be paid a dividend of $0.5048 per share. The ex-dividend date is Tuesday, March 25th.

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.