Foundations Investment Advisors LLC Grows Position in Vanguard U.S. Minimum Volatility ETF $VFMV

Foundations Investment Advisors LLC boosted its holdings in Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) by 3.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 144,298 shares of the company’s stock after buying an additional 4,613 shares during the quarter. Foundations Investment Advisors LLC owned 6.44% of Vanguard U.S. Minimum Volatility ETF worth $18,947,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of Montreal Can raised its stake in Vanguard U.S. Minimum Volatility ETF by 17.3% during the 2nd quarter. Bank of Montreal Can now owns 3,051 shares of the company’s stock valued at $391,000 after buying an additional 451 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard U.S. Minimum Volatility ETF by 80.8% in the second quarter. Envestnet Asset Management Inc. now owns 9,027 shares of the company’s stock worth $1,158,000 after acquiring an additional 4,034 shares during the period. Avantax Advisory Services Inc. grew its holdings in shares of Vanguard U.S. Minimum Volatility ETF by 16.6% in the second quarter. Avantax Advisory Services Inc. now owns 15,573 shares of the company’s stock worth $1,997,000 after acquiring an additional 2,214 shares during the period. Elm3 Financial Group LLC purchased a new stake in Vanguard U.S. Minimum Volatility ETF during the second quarter valued at $279,000. Finally, Osaic Holdings Inc. lifted its holdings in Vanguard U.S. Minimum Volatility ETF by 124.4% in the second quarter. Osaic Holdings Inc. now owns 9,640 shares of the company’s stock valued at $1,236,000 after acquiring an additional 5,344 shares during the period.

Vanguard U.S. Minimum Volatility ETF Stock Performance

Shares of BATS:VFMV opened at $134.03 on Thursday. The stock’s 50-day simple moving average is $132.01 and its two-hundred day simple moving average is $130.49. The stock has a market capitalization of $300.23 million, a price-to-earnings ratio of 20.97 and a beta of 0.69. Vanguard U.S. Minimum Volatility ETF has a 52-week low of $112.97 and a 52-week high of $129.53.

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.