Sequoia Financial Advisors LLC Sells 14,490 Shares of Vanguard U.S. Minimum Volatility ETF $VFMV

Sequoia Financial Advisors LLC trimmed its holdings in Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) by 19.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,005 shares of the company’s stock after selling 14,490 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard U.S. Minimum Volatility ETF were worth $7,823,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Proathlete Wealth Management LLC bought a new position in shares of Vanguard U.S. Minimum Volatility ETF in the 4th quarter worth about $30,000. Geneos Wealth Management Inc. increased its stake in shares of Vanguard U.S. Minimum Volatility ETF by 86.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 306 shares of the company’s stock worth $40,000 after acquiring an additional 142 shares in the last quarter. Tower Research Capital LLC TRC purchased a new stake in Vanguard U.S. Minimum Volatility ETF during the 2nd quarter valued at about $251,000. Citizens Financial Group Inc. RI purchased a new stake in Vanguard U.S. Minimum Volatility ETF during the 3rd quarter valued at about $255,000. Finally, Elm3 Financial Group LLC grew its position in Vanguard U.S. Minimum Volatility ETF by 13.5% during the 4th quarter. Elm3 Financial Group LLC now owns 2,335 shares of the company’s stock valued at $304,000 after purchasing an additional 277 shares during the last quarter.

Vanguard U.S. Minimum Volatility ETF Stock Performance

Shares of VFMV stock opened at $139.35 on Friday. Vanguard U.S. Minimum Volatility ETF has a one year low of $123.80 and a one year high of $140.76. The company’s 50-day moving average is $136.69 and its 200 day moving average is $133.89. The company has a market capitalization of $312.14 million, a price-to-earnings ratio of 20.97 and a beta of 0.69.

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.