We present an updated search for the Higgs boson produced in association with a vector boson in the final state with missing transverse energy and two jets. We use the full CDF data set corresponding to an integrated luminosity of 9.45 fb${}^{-1}$ at a proton-antiproton center-of-mass energy of $sqrt{s}=1.96$ TeV. New to this analysis is the inclusion of a $b$-jet identification algorithm specifically optimized for $Hto bbar{b}$ searches. Across the Higgs boson mass range $90 le m_H le 150$ GeV$/c^2$, the expected 95% credibility level upper limits on the $V H$ production cross section times the $Hto bbar{b}$ branching fraction are improved by an average of 14% relative to the previous analysis. At a Higgs boson mass of 125 GeV$/c^2$, the observed (expected) limit is 3.06 (3.33) times the standard model prediction, corresponding to one of the most sensitive searches to date in this final state.