Shares of Vanguard Financials ETF (NYSEARCA:VFH – Get Free Report) saw unusually-high trading volume on Tuesday. 1,836,828 shares traded hands during mid-day trading, an increase of 187% from the previous session’s volume of 639,249 shares. The stock last traded at $131.0030 and had previously closed at $132.11.
Vanguard Financials ETF Stock Performance
The firm has a market cap of $12.47 billion, a price-to-earnings ratio of 17.56 and a beta of 0.89. The firm has a fifty day simple moving average of $139.19 and a 200-day simple moving average of $132.00.
Hedge Funds Weigh In On Vanguard Financials ETF
A number of large investors have recently made changes to their positions in VFH. Bank of America Corp DE grew its position in 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 acquiring an additional 379,485 shares during the last quarter. Mosley Wealth Management increased its position in Vanguard Financials ETF by 2,191.6% in the 2nd quarter. Mosley Wealth Management now owns 80,709 shares of the company’s stock valued at $10,621,000 after acquiring an additional 77,187 shares during the period. Ameritas Advisory Services LLC increased its holdings in Vanguard Financials ETF by 48.7% in the second 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. Atlas Capital Advisors Inc. bought a new stake in shares of Vanguard Financials ETF in the 4th quarter valued at about $8,589,000. Finally, Corient Private Wealth LLC raised its position in shares of Vanguard Financials ETF by 43.6% during the fourth quarter. Corient Private Wealth LLC now owns 208,669 shares of the company’s stock worth $27,855,000 after acquiring an additional 63,318 shares during the last quarter. Institutional investors own 61.65% of the company’s stock.
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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