Vanguard Financials ETF (NYSEARCA:VFH – Get Free Report)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $138.57 and last traded at $138.55, with a volume of 58953 shares. The stock had previously closed at $137.24.
Vanguard Financials ETF Stock Performance
The stock has a market cap of $13.43 billion, a P/E ratio of 17.56 and a beta of 0.90. The stock’s fifty day simple moving average is $129.75 and its 200-day simple moving average is $128.49.
Institutional Investors Weigh In On Vanguard Financials ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in VFH. Bank of America Corp DE boosted its stake in shares of Vanguard Financials ETF by 1.6% in the first quarter. Bank of America Corp DE now owns 23,948,132 shares of the company’s stock valued at $2,893,174,000 after buying an additional 379,485 shares during the period. Two Sigma Investments LP raised its holdings in Vanguard Financials ETF by 60.3% in the 3rd quarter. Two Sigma Investments LP now owns 554,500 shares of the company’s stock valued at $72,773,000 after acquiring an additional 208,500 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in Vanguard Financials ETF by 1,059.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 189,392 shares of the company’s stock valued at $24,856,000 after acquiring an additional 173,064 shares in the last quarter. Ameritas Advisory Services LLC raised its holdings in Vanguard Financials ETF by 5,104.1% in the 4th quarter. Ameritas Advisory Services LLC now owns 175,274 shares of the company’s stock valued at $23,397,000 after acquiring an additional 171,906 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its position in shares of Vanguard Financials ETF by 109.0% during the 2nd quarter. Corient Private Wealth LLC now owns 260,248 shares of the company’s stock valued at $33,130,000 after acquiring an additional 135,724 shares during the period. 61.65% of the stock is currently owned by institutional investors and hedge funds.
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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