Northwestern Mutual Wealth Management Co. Increases Stock Holdings in Vanguard U.S. Minimum Volatility ETF $VFMV

Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) by 7,716.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 21,416 shares of the company’s stock after acquiring an additional 21,142 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard U.S. Minimum Volatility ETF were worth $2,792,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Independence Asset Advisors LLC lifted its stake in Vanguard U.S. Minimum Volatility ETF by 0.4% in the third quarter. Independence Asset Advisors LLC now owns 21,003 shares of the company’s stock worth $2,758,000 after acquiring an additional 88 shares during the period. Geneos Wealth Management Inc. lifted its stake in Vanguard U.S. Minimum Volatility ETF by 86.6% in the fourth quarter. Geneos Wealth Management Inc. now owns 306 shares of the company’s stock worth $40,000 after acquiring an additional 142 shares during the period. Proathlete Wealth Management LLC purchased a new stake in Vanguard U.S. Minimum Volatility ETF in the fourth quarter worth $30,000. Raymond James Financial Inc. lifted its stake in Vanguard U.S. Minimum Volatility ETF by 9.4% in the second quarter. Raymond James Financial Inc. now owns 2,853 shares of the company’s stock worth $366,000 after acquiring an additional 245 shares during the period. Finally, Glass Jacobson Investment Advisors llc lifted its stake in Vanguard U.S. Minimum Volatility ETF by 2.7% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 10,167 shares of the company’s stock worth $1,325,000 after acquiring an additional 263 shares during the period.

Vanguard U.S. Minimum Volatility ETF Price Performance

Shares of VFMV stock opened at $142.10 on Tuesday. The firm has a market capitalization of $318.30 million, a price-to-earnings ratio of 20.97 and a beta of 0.69. The stock has a fifty day moving average of $137.14 and a 200 day moving average of $134.74. Vanguard U.S. Minimum Volatility ETF has a 52 week low of $124.46 and a 52 week high of $142.10.

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.