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

Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) by 7,716.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). 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. owned about 0.96% of Vanguard U.S. Minimum Volatility ETF worth $2,792,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of VFMV. Smith Moore & CO. grew its position in Vanguard U.S. Minimum Volatility ETF by 65.1% during the fourth quarter. Smith Moore & CO. now owns 29,816 shares of the company’s stock valued at $3,887,000 after acquiring an additional 11,759 shares during the last quarter. TD Waterhouse Canada Inc. bought a new position in Vanguard U.S. Minimum Volatility ETF during the fourth quarter valued at approximately $1,348,000. Equitable Holdings Inc. grew its position in Vanguard U.S. Minimum Volatility ETF by 26.2% during the third quarter. Equitable Holdings Inc. now owns 42,735 shares of the company’s stock valued at $5,611,000 after acquiring an additional 8,860 shares during the last quarter. Sculati Wealth Management LLC grew its position in Vanguard U.S. Minimum Volatility ETF by 40.3% during the third quarter. Sculati Wealth Management LLC now owns 29,972 shares of the company’s stock valued at $3,936,000 after acquiring an additional 8,609 shares during the last quarter. Finally, Belpointe Asset Management LLC bought a new position in Vanguard U.S. Minimum Volatility ETF during the third quarter valued at approximately $687,000.

Vanguard U.S. Minimum Volatility ETF Price Performance

Shares of BATS VFMV opened at $142.10 on Tuesday. Vanguard U.S. Minimum Volatility ETF has a one year low of $124.46 and a one year high of $142.10. The firm’s 50 day simple moving average is $137.14 and its two-hundred day simple moving average is $134.74. The stock has a market capitalization of $318.30 million, a P/E ratio of 20.97 and a beta of 0.69.

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.