Vanguard Financials ETF (NYSEARCA:VFH – Get Free Report) shares passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $136.40 and traded as high as $139.00. Vanguard Financials ETF shares last traded at $138.36, with a volume of 554,257 shares trading hands.
Vanguard Financials ETF Stock Up 1.5%
The stock’s fifty day simple moving average is $136.40 and its 200-day simple moving average is $131.52. The company has a market capitalization of $13.50 billion, a PE ratio of 17.56 and a beta of 0.91.
Hedge Funds Weigh In On Vanguard Financials ETF
Several hedge funds have recently bought and sold shares of the company. Blue Bell Private Wealth Management LLC lifted its position in shares of Vanguard Financials ETF by 7.6% in the third quarter. Blue Bell Private Wealth Management LLC now owns 1,424 shares of the company’s stock valued at $185,000 after acquiring an additional 100 shares in the last quarter. Vise Technologies Inc. purchased a new stake in Vanguard Financials ETF during the 3rd quarter worth about $300,000. Investment Partners LTD. purchased a new stake in Vanguard Financials ETF during the 3rd quarter worth about $388,000. Modera Wealth Management LLC purchased a new stake in Vanguard Financials ETF during the 3rd quarter worth about $327,000. Finally, Lebenthal Global Advisors LLC raised its stake in Vanguard Financials ETF by 0.4% in the 3rd quarter. Lebenthal Global Advisors LLC now owns 24,606 shares of the company’s stock valued at $3,201,000 after purchasing an additional 86 shares during the last quarter. 61.65% of the stock is owned by hedge funds and other institutional investors.
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). 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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