Envestnet Asset Management Inc. Has $761,000 Holdings in Vanguard U.S. Minimum Volatility ETF (BATS:VFMV)

Envestnet Asset Management Inc. grew its holdings in Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) by 10.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,317 shares of the company’s stock after purchasing an additional 618 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.65% of Vanguard U.S. Minimum Volatility ETF worth $761,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Jane Street Group LLC bought a new position in Vanguard U.S. Minimum Volatility ETF in the third quarter valued at approximately $230,000. Commonwealth Equity Services LLC lifted its stake in Vanguard U.S. Minimum Volatility ETF by 404.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 24,470 shares of the company’s stock valued at $2,949,000 after buying an additional 19,621 shares during the period. Avantax Advisory Services Inc. boosted its holdings in Vanguard U.S. Minimum Volatility ETF by 9.4% during the fourth quarter. Avantax Advisory Services Inc. now owns 13,510 shares of the company’s stock worth $1,628,000 after buying an additional 1,158 shares during the last quarter. Martin Worley Group acquired a new position in shares of Vanguard U.S. Minimum Volatility ETF during the 4th quarter worth about $6,989,000. Finally, Orion Portfolio Solutions LLC increased its stake in shares of Vanguard U.S. Minimum Volatility ETF by 165.0% in the 4th quarter. Orion Portfolio Solutions LLC now owns 8,448 shares of the company’s stock valued at $1,018,000 after acquiring an additional 5,260 shares during the last quarter.

Vanguard U.S. Minimum Volatility ETF Price Performance

Vanguard U.S. Minimum Volatility ETF stock opened at $124.07 on Friday. The company’s 50 day simple moving average is $123.36 and its 200 day simple moving average is $123.80. Vanguard U.S. Minimum Volatility ETF has a fifty-two week low of $108.81 and a fifty-two week high of $128.81. The firm has a market capitalization of $238.21 million, a price-to-earnings ratio of 25.18 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.