Vanguard Financials ETF (NYSEARCA:VFH – Get Free Report)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $143.08 and last traded at $142.6210, with a volume of 45829 shares trading hands. The stock had previously closed at $140.86.
Vanguard Financials ETF Trading Up 1.0%
The company’s 50-day simple moving average is $138.80 and its 200 day simple moving average is $130.39. The stock has a market cap of $13.78 billion, a P/E ratio of 17.56 and a beta of 0.90.
Institutional Trading of Vanguard Financials ETF
A number of institutional investors and hedge funds have recently modified their holdings of the business. Ameritas Advisory Services LLC grew its stake in Vanguard Financials ETF by 48.7% in the 2nd quarter. Ameritas Advisory Services LLC now owns 197,536 shares of the company’s stock valued at $25,996,000 after purchasing an additional 64,658 shares during the period. Outlook Capital Management LLC purchased a new stake in shares of Vanguard Financials ETF during the 2nd quarter valued at $71,000. Wheelhouse Advisory Group LLC raised its stake in shares of Vanguard Financials ETF by 5.2% during the 2nd quarter. Wheelhouse Advisory Group LLC now owns 88,023 shares of the company’s stock worth $11,584,000 after purchasing an additional 4,331 shares during the period. TD Waterhouse Canada Inc. raised its stake in shares of Vanguard Financials ETF by 3.9% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 221,005 shares of the company’s stock worth $29,692,000 after purchasing an additional 8,213 shares during the period. Finally, Beacon Capital Management LLC boosted its holdings in shares of Vanguard Financials ETF by 2.8% in the 2nd quarter. Beacon Capital Management LLC now owns 3,945 shares of the company’s stock worth $519,000 after buying an additional 107 shares during the last quarter. 61.65% of the stock is owned by hedge funds and other institutional investors.
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).
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