D.A. Davidson & CO. Trims Holdings in Vanguard U.S. Minimum Volatility ETF $VFMV

D.A. Davidson & CO. reduced its holdings in shares of Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) by 11.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,190 shares of the company’s stock after selling 400 shares during the quarter. D.A. Davidson & CO. owned 0.14% of Vanguard U.S. Minimum Volatility ETF worth $409,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in VFMV. Foundations Investment Advisors LLC boosted its stake in shares of Vanguard U.S. Minimum Volatility ETF by 32.1% during the 1st quarter. Foundations Investment Advisors LLC now owns 133,637 shares of the company’s stock valued at $16,937,000 after buying an additional 32,438 shares during the last quarter. Atria Wealth Solutions Inc. purchased a new position in shares of Vanguard U.S. Minimum Volatility ETF during the 1st quarter valued at approximately $1,661,000. LPL Financial LLC boosted its stake in shares of Vanguard U.S. Minimum Volatility ETF by 62.8% during the 1st quarter. LPL Financial LLC now owns 33,365 shares of the company’s stock valued at $4,229,000 after buying an additional 12,874 shares during the last quarter. Titleist Asset Management LLC raised its position in shares of Vanguard U.S. Minimum Volatility ETF by 45.4% during the 1st quarter. Titleist Asset Management LLC now owns 32,014 shares of the company’s stock valued at $4,057,000 after acquiring an additional 9,994 shares in the last quarter. Finally, MJP Associates Inc. ADV acquired a new stake in shares of Vanguard U.S. Minimum Volatility ETF during the 1st quarter valued at approximately $531,000.

Vanguard U.S. Minimum Volatility ETF Trading Up 6.9%

VFMV stock opened at $129.03 on Thursday. The stock’s 50 day simple moving average is $130.53 and its 200 day simple moving average is $127.84. The firm has a market cap of $289.02 million, a P/E ratio of 20.97 and a beta of 0.69. Vanguard U.S. Minimum Volatility ETF has a 12-month low of $112.97 and a 12-month high of $129.53.

Vanguard U.S. Minimum Volatility ETF Profile

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.