Bank of Montreal Can Purchases 451 Shares of Vanguard U.S. Minimum Volatility ETF $VFMV

Bank of Montreal Can raised its position in Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) by 17.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,051 shares of the company’s stock after acquiring an additional 451 shares during the quarter. Bank of Montreal Can owned approximately 0.14% of Vanguard U.S. Minimum Volatility ETF worth $391,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of VFMV. Independence Asset Advisors LLC increased its position in shares of Vanguard U.S. Minimum Volatility ETF by 0.5% during the 2nd quarter. Independence Asset Advisors LLC now owns 20,915 shares of the company’s stock valued at $2,682,000 after purchasing an additional 100 shares during the last quarter. AdvisorNet Financial Inc grew its position in Vanguard U.S. Minimum Volatility ETF by 307.0% during the second quarter. AdvisorNet Financial Inc now owns 232 shares of the company’s stock valued at $30,000 after buying an additional 175 shares during the period. Armstrong Advisory Group Inc. purchased a new stake in Vanguard U.S. Minimum Volatility ETF during the second quarter valued at approximately $27,000. Signature Estate & Investment Advisors LLC raised its position in Vanguard U.S. Minimum Volatility ETF by 18.3% in the first quarter. Signature Estate & Investment Advisors LLC now owns 3,194 shares of the company’s stock worth $405,000 after acquiring an additional 494 shares during the period. Finally, Glass Jacobson Investment Advisors llc raised its position in Vanguard U.S. Minimum Volatility ETF by 11.6% in the second quarter. Glass Jacobson Investment Advisors llc now owns 9,245 shares of the company’s stock worth $1,185,000 after acquiring an additional 961 shares during the period.

Vanguard U.S. Minimum Volatility ETF Price Performance

Shares of VFMV stock opened at $128.85 on Wednesday. The company has a market cap of $288.62 million, a price-to-earnings ratio of 20.97 and a beta of 0.69. Vanguard U.S. Minimum Volatility ETF has a 1 year low of $112.97 and a 1 year high of $129.53. The firm has a fifty day moving average price of $130.18 and a 200-day moving average price of $128.65.

Vanguard U.S. Minimum Volatility ETF Company 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.