Exchange Traded Concepts LLC lifted its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH – Free Report) by 21.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,897 shares of the company’s stock after purchasing an additional 8,332 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Vanguard Financials ETF were worth $6,260,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of the stock. Sharper & Granite LLC raised its position in Vanguard Financials ETF by 70.6% during the 3rd quarter. Sharper & Granite LLC now owns 22,013 shares of the company’s stock worth $2,889,000 after buying an additional 9,112 shares during the last quarter. CW Advisors LLC boosted its holdings in shares of Vanguard Financials ETF by 27.0% in the second quarter. CW Advisors LLC now owns 41,103 shares of the company’s stock valued at $5,233,000 after acquiring an additional 8,751 shares in the last quarter. Hershey Financial Advisers LLC purchased a new stake in shares of Vanguard Financials ETF in the second quarter valued at about $1,751,000. Marmo Financial Group LLC increased its stake in shares of Vanguard Financials ETF by 8.5% during the third quarter. Marmo Financial Group LLC now owns 102,566 shares of the company’s stock worth $13,461,000 after acquiring an additional 8,013 shares during the period. Finally, Elm Partners Management LLC increased its stake in shares of Vanguard Financials ETF by 125.6% during the third quarter. Elm Partners Management LLC now owns 20,825 shares of the company’s stock worth $2,733,000 after acquiring an additional 11,594 shares during the period. 61.65% of the stock is owned by institutional investors and hedge funds.
Vanguard Financials ETF Price Performance
NYSEARCA VFH opened at $117.00 on Monday. The stock has a market capitalization of $11.74 billion, a P/E ratio of 17.56 and a beta of 1.02. Vanguard Financials ETF has a 52-week low of $100.87 and a 52-week high of $137.89. The firm has a 50-day moving average price of $126.32 and a 200 day moving average price of $129.27.
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). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).
Further Reading
Want to see what other hedge funds are holding VFH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Financials ETF (NYSEARCA:VFH – Free Report).
Receive News & Ratings for Vanguard Financials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Financials ETF and related companies with MarketBeat.com's FREE daily email newsletter.
