Vanguard Financials ETF $VFH Shares Acquired by DAVENPORT & Co LLC

DAVENPORT & Co LLC increased its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 162.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,963 shares of the company’s stock after acquiring an additional 3,689 shares during the period. DAVENPORT & Co LLC’s holdings in Vanguard Financials ETF were worth $759,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of VFH. Cerity Partners LLC raised its stake in Vanguard Financials ETF by 4.3% in the first quarter. Cerity Partners LLC now owns 20,977 shares of the company’s stock valued at $2,506,000 after buying an additional 859 shares in the last quarter. Blue Trust Inc. raised its stake in Vanguard Financials ETF by 1,940.5% in the first quarter. Blue Trust Inc. now owns 857 shares of the company’s stock valued at $102,000 after buying an additional 815 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Vanguard Financials ETF by 30.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 103,521 shares of the company’s stock valued at $12,368,000 after buying an additional 24,425 shares in the last quarter. Brown Advisory Inc. raised its stake in Vanguard Financials ETF by 4.3% in the first quarter. Brown Advisory Inc. now owns 6,124 shares of the company’s stock valued at $732,000 after buying an additional 250 shares in the last quarter. Finally, Modern Wealth Management LLC raised its stake in Vanguard Financials ETF by 13.6% in the first quarter. Modern Wealth Management LLC now owns 3,793 shares of the company’s stock valued at $453,000 after buying an additional 455 shares in the last quarter. 61.65% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Financials ETF Price Performance

Vanguard Financials ETF stock opened at $126.88 on Friday. Vanguard Financials ETF has a 1-year low of $100.87 and a 1-year high of $133.85. The stock has a market cap of $12.71 billion, a PE ratio of 17.56 and a beta of 1.09. The stock’s fifty day moving average is $130.19 and its two-hundred day moving average is $124.39.

Vanguard Financials ETF Company 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).