Foundations Investment Advisors LLC Boosts Position in Vanguard U.S. Minimum Volatility ETF (BATS:VFMV)

Foundations Investment Advisors LLC boosted its position in shares of Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 101,199 shares of the company’s stock after purchasing an additional 6,649 shares during the quarter. Foundations Investment Advisors LLC owned approximately 10.49% of Vanguard U.S. Minimum Volatility ETF worth $12,195,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC purchased a new stake in Vanguard U.S. Minimum Volatility ETF during the second quarter valued at about $34,000. National Bank of Canada FI grew its position in Vanguard U.S. Minimum Volatility ETF by 66.0% during the third quarter. National Bank of Canada FI now owns 415 shares of the company’s stock valued at $50,000 after acquiring an additional 165 shares during the period. Glass Jacobson Investment Advisors llc grew its position in Vanguard U.S. Minimum Volatility ETF by 12.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 1,649 shares of the company’s stock valued at $200,000 after acquiring an additional 181 shares during the period. Jane Street Group LLC purchased a new stake in Vanguard U.S. Minimum Volatility ETF during the third quarter valued at about $230,000. Finally, Signature Estate & Investment Advisors LLC purchased a new stake in Vanguard U.S. Minimum Volatility ETF during the third quarter valued at about $237,000.

Vanguard U.S. Minimum Volatility ETF Price Performance

Shares of VFMV opened at $123.70 on Monday. The company has a 50 day simple moving average of $123.58 and a 200-day simple moving average of $121.31. The stock has a market capitalization of $119.37 million, a P/E ratio of 22.80 and a beta of 0.60.

Vanguard U.S. Minimum Volatility ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were given a dividend of $0.5744 per share. This is a boost from Vanguard U.S. Minimum Volatility ETF’s previous dividend of $0.42. The ex-dividend date was Monday, December 23rd.

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.