Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) to Issue Dividend Increase – $0.57 Per Share

by · The Markets Daily

Vanguard U.S. Minimum Volatility ETF (BATS:VFMV – Get Free Report) announced a dividend on Thursday, December 19th,NASDAQ Dividends reports. Stockholders of record on Monday, December 23rd will be given a dividend of 0.5744 per share on Thursday, December 26th. The ex-dividend date of this dividend is Monday, December 23rd. This is a boost from Vanguard U.S. Minimum Volatility ETF’s previous dividend of $0.42.

Vanguard U.S. Minimum Volatility ETF Stock Performance

Shares of BATS VFMV traded up $0.83 during mid-day trading on Friday, hitting $122.02. 5,927 shares of the stock were exchanged. The firm has a market cap of $117.75 million, a P/E ratio of 22.80 and a beta of 0.60. The firm’s fifty day moving average price is $124.24 and its two-hundred day moving average price is $119.77.

Vanguard U.S. Minimum Volatility ETF Company Profile

(Get Free Report)

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.

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