International Assets Investment Management LLC Takes Position in Vanguard Financials ETF (NYSEARCA:VFH)

International Assets Investment Management LLC bought a new position in shares of Vanguard Financials ETF (NYSEARCA:VFH) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 194,068 shares of the company’s stock, valued at approximately $17,905,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VFH. Varma Mutual Pension Insurance Co boosted its stake in shares of Vanguard Financials ETF by 155.7% in the third quarter. Varma Mutual Pension Insurance Co now owns 6,831,371 shares of the company’s stock valued at $548,696,000 after purchasing an additional 4,159,650 shares during the period. Morgan Stanley grew its stake in shares of Vanguard Financials ETF by 2.8% in the third quarter. Morgan Stanley now owns 2,680,449 shares of the company’s stock worth $215,294,000 after acquiring an additional 72,473 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Financials ETF by 304.0% in the third quarter. Envestnet Asset Management Inc. now owns 1,323,466 shares of the company’s stock worth $106,301,000 after acquiring an additional 995,862 shares in the last quarter. Advisors Preferred LLC purchased a new stake in shares of Vanguard Financials ETF during the fourth quarter worth $59,548,000. Finally, LPL Financial LLC raised its stake in shares of Vanguard Financials ETF by 3.5% in the third quarter. LPL Financial LLC now owns 600,625 shares of the company’s stock valued at $48,242,000 after acquiring an additional 20,177 shares in the last quarter.

Vanguard Financials ETF Price Performance

VFH opened at $98.70 on Friday. The business has a fifty day moving average price of $99.21 and a 200 day moving average price of $92.44. Vanguard Financials ETF has a 12 month low of $73.87 and a 12 month high of $102.60. The stock has a market capitalization of $9.09 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96.

Vanguard Financials ETF Profile

Vanguard Financials ETF (the Fund) is an exchange-traded share class of Vanguard Financials Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Financials Index, an index of stocks of large, medium and small United States companies in the financials sector, as classified under the Global Industry Classification Standard (GICS).