4,613 Shares in Vanguard Financials ETF (NYSEARCA:VFH) Bought by PFG Investments LLC

PFG Investments LLC bought a new position in shares of Vanguard Financials ETF (NYSEARCA:VFH) during the 1st quarter, HoldingsChannel reports. The firm bought 4,613 shares of the company’s stock, valued at approximately $472,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Varma Mutual Pension Insurance Co grew its stake in Vanguard Financials ETF by 155.7% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 6,831,371 shares of the company’s stock worth $548,696,000 after buying an additional 4,159,650 shares during the last quarter. Morgan Stanley grew its stake in Vanguard Financials ETF by 2.8% during the 3rd quarter. Morgan Stanley now owns 2,680,449 shares of the company’s stock valued at $215,294,000 after purchasing an additional 72,473 shares during the last quarter. Beacon Capital Management Inc. grew its stake in Vanguard Financials ETF by 206.2% during the 1st quarter. Beacon Capital Management Inc. now owns 1,671,708 shares of the company’s stock valued at $169,729,000 after purchasing an additional 1,125,795 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in Vanguard Financials ETF by 304.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,323,466 shares of the company’s stock valued at $106,301,000 after purchasing an additional 995,862 shares during the last quarter. Finally, Morningstar Investment Services LLC grew its stake in Vanguard Financials ETF by 62.1% during the 4th quarter. Morningstar Investment Services LLC now owns 818,619 shares of the company’s stock valued at $75,861,000 after purchasing an additional 313,649 shares during the last quarter.

Vanguard Financials ETF Price Performance

Vanguard Financials ETF stock traded down $1.08 during trading hours on Tuesday, hitting $97.66. 235,418 shares of the stock traded hands, compared to its average volume of 511,752. The firm’s 50 day moving average price is $99.13 and its 200-day moving average price is $92.16. The stock has a market capitalization of $9.00 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a 1 year low of $73.87 and a 1 year high of $102.60.

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).