AE Wealth Management LLC Grows Stake in Vanguard Financials ETF $VFH

AE Wealth Management LLC increased its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 7.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 64,093 shares of the company’s stock after purchasing an additional 4,484 shares during the period. AE Wealth Management LLC owned 0.07% of Vanguard Financials ETF worth $8,159,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VFH. Briaud Financial Planning Inc purchased a new stake in Vanguard Financials ETF during the 1st quarter worth approximately $34,000. American National Bank & Trust acquired a new stake in shares of Vanguard Financials ETF in the second quarter worth approximately $37,000. Grove Bank & Trust acquired a new stake in shares of Vanguard Financials ETF in the second quarter worth approximately $38,000. Banque Transatlantique SA purchased a new stake in shares of Vanguard Financials ETF during the first quarter worth approximately $39,000. Finally, Maseco LLP acquired a new position in Vanguard Financials ETF in the 2nd quarter valued at $47,000. 61.65% of the stock is owned by hedge funds and other institutional investors.

Vanguard Financials ETF Stock Performance

Shares of VFH stock opened at $128.58 on Monday. Vanguard Financials ETF has a fifty-two week low of $100.87 and a fifty-two week high of $133.85. The stock’s fifty day moving average is $129.88 and its two-hundred day moving average is $126.75. The firm has a market capitalization of $12.88 billion, a P/E ratio of 17.56 and a beta of 1.02.

About Vanguard Financials ETF

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).