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 large drop in short interest in the month of June. As of June 15th, there was short interest totaling 6,124 shares, a drop of 49.2% from the May 31st total of 12,048 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 15,736 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Vanguard U.S. Minimum Volatility ETF

A number of hedge funds have recently bought and sold shares of VFMV. Harbour Investments Inc. increased its stake in Vanguard U.S. Minimum Volatility ETF by 17.4% during the 4th quarter. Harbour Investments Inc. now owns 566 shares of the company’s stock worth $74,000 after acquiring an additional 84 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard U.S. Minimum Volatility ETF by 50.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 413 shares of the company’s stock valued at $54,000 after acquiring an additional 139 shares during the period. Geneos Wealth Management Inc. grew its holdings in shares of Vanguard U.S. Minimum Volatility ETF by 86.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 306 shares of the company’s stock worth $40,000 after purchasing an additional 142 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of Vanguard U.S. Minimum Volatility ETF by 2.1% in the fourth quarter. Osaic Holdings Inc. now owns 9,384 shares of the company’s stock worth $1,223,000 after purchasing an additional 190 shares during the period. Finally, Proathlete Wealth Management LLC bought a new position in shares of Vanguard U.S. Minimum Volatility ETF in the fourth quarter worth $30,000.

Vanguard U.S. Minimum Volatility ETF Stock Performance

VFMV opened at $139.27 on Tuesday. Vanguard U.S. Minimum Volatility ETF has a fifty-two week low of $125.86 and a fifty-two week high of $142.50. The company has a market capitalization of $311.96 million, a P/E ratio of 20.97 and a beta of 0.69. The stock has a fifty day moving average of $139.92 and a 200-day moving average of $136.47.

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.