Capital Management Associates Inc Invests $553,000 in Vanguard Financials ETF $VFH

Capital Management Associates Inc purchased a new position in shares of Vanguard Financials ETF (NYSEARCA:VFH) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,342 shares of the company’s stock, valued at approximately $553,000.

A number of other institutional investors and hedge funds have also made changes to their positions in VFH. Clear Creek Financial Management LLC purchased a new stake in shares of Vanguard Financials ETF in the 2nd quarter worth about $2,625,000. Wheelhouse Advisory Group LLC boosted its position in shares of Vanguard Financials ETF by 3.0% in the 2nd quarter. Wheelhouse Advisory Group LLC now owns 72,127 shares of the company’s stock worth $9,182,000 after buying an additional 2,134 shares in the last quarter. Belpointe Asset Management LLC boosted its position in shares of Vanguard Financials ETF by 82.6% in the 2nd quarter. Belpointe Asset Management LLC now owns 6,639 shares of the company’s stock worth $845,000 after buying an additional 3,003 shares in the last quarter. Cedar Mountain Advisors LLC boosted its position in shares of Vanguard Financials ETF by 0.9% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 147,534 shares of the company’s stock worth $18,781,000 after buying an additional 1,323 shares in the last quarter. Finally, Valeo Financial Advisors LLC purchased a new stake in shares of Vanguard Financials ETF in the 2nd quarter worth about $856,000. 61.65% of the stock is owned by institutional investors and hedge funds.

Vanguard Financials ETF Stock Down 0.4%

Vanguard Financials ETF stock opened at $130.41 on Thursday. Vanguard Financials ETF has a 52 week low of $100.87 and a 52 week high of $133.85. The firm’s 50-day simple moving average is $130.12 and its 200 day simple moving average is $124.27. The firm has a market capitalization of $13.06 billion, a PE ratio of 17.56 and a beta of 1.09.

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).