Maripau Wealth Management LLC Purchases Shares of 1,616 Vanguard U.S. Minimum Volatility ETF $VFMV

Maripau Wealth Management LLC purchased a new stake in Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,616 shares of the company’s stock, valued at approximately $207,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Foundations Investment Advisors LLC lifted its position in Vanguard U.S. Minimum Volatility ETF by 4.5% in the 2nd quarter. Foundations Investment Advisors LLC now owns 139,685 shares of the company’s stock valued at $17,912,000 after acquiring an additional 6,048 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of Vanguard U.S. Minimum Volatility ETF by 1.6% in the 1st quarter. NewEdge Advisors LLC now owns 69,505 shares of the company’s stock valued at $8,809,000 after purchasing an additional 1,086 shares during the period. LPL Financial LLC lifted its holdings in shares of Vanguard U.S. Minimum Volatility ETF by 62.8% in the first quarter. LPL Financial LLC now owns 33,365 shares of the company’s stock valued at $4,229,000 after purchasing an additional 12,874 shares in the last quarter. Titleist Asset Management LLC boosted its position in shares of Vanguard U.S. Minimum Volatility ETF by 45.4% during the first quarter. Titleist Asset Management LLC now owns 32,014 shares of the company’s stock worth $4,057,000 after buying an additional 9,994 shares during the period. Finally, Creative Financial Designs Inc. ADV acquired a new position in shares of Vanguard U.S. Minimum Volatility ETF during the second quarter worth about $2,948,000.

Vanguard U.S. Minimum Volatility ETF Stock Performance

Shares of Vanguard U.S. Minimum Volatility ETF stock opened at $129.55 on Tuesday. The business’s 50 day simple moving average is $129.99 and its 200 day simple moving average is $128.79. Vanguard U.S. Minimum Volatility ETF has a 52-week low of $112.97 and a 52-week high of $129.53. The firm has a market cap of $290.19 million, a PE ratio of 20.97 and a beta of 0.69.

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.