Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) Sees Significant Decline in Short Interest

Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) was the recipient of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 11,756 shares, a drop of 49.8% from the April 15th total of 23,415 shares. Based on an average daily trading volume, of 15,792 shares, the short-interest ratio is presently 0.7 days. Approximately 0.5% of the company’s shares are short sold.

Vanguard U.S. Minimum Volatility ETF Stock Performance

BATS VFMV opened at $138.83 on Monday. Vanguard U.S. Minimum Volatility ETF has a one year low of $124.46 and a one year high of $140.76. The company’s 50 day moving average price is $136.65 and its 200 day moving average price is $134.25. The firm has a market capitalization of $310.98 million, a price-to-earnings ratio of 20.97 and a beta of 0.69.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Proathlete Wealth Management LLC purchased a new position in Vanguard U.S. Minimum Volatility ETF in the fourth quarter valued at approximately $30,000. Geneos Wealth Management Inc. raised its holdings 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 valued at $40,000 after buying an additional 142 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard U.S. Minimum Volatility ETF by 50.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 413 shares of the company’s stock valued at $54,000 after buying an additional 139 shares during the period. Harbour Investments Inc. raised its holdings in Vanguard U.S. Minimum Volatility ETF by 17.4% in the fourth quarter. Harbour Investments Inc. now owns 566 shares of the company’s stock valued at $74,000 after buying an additional 84 shares during the period. Finally, Western Wealth Management LLC purchased a new position in Vanguard U.S. Minimum Volatility ETF in the fourth quarter valued at approximately $222,000.

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.