Coordinated Financial Services Inc. Makes New Investment in Vanguard Financials ETF $VFH

Coordinated Financial Services Inc. purchased a new position in Vanguard Financials ETF (NYSEARCA:VFH) during the second quarter, HoldingsChannel.com reports. The fund purchased 2,414 shares of the company’s stock, valued at approximately $307,000.

A number of other large investors have also added to or reduced their stakes in VFH. Park Avenue Securities LLC grew its holdings in Vanguard Financials ETF by 12.1% in the 1st quarter. Park Avenue Securities LLC now owns 7,497 shares of the company’s stock worth $896,000 after acquiring an additional 811 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in Vanguard Financials ETF by 265.1% in the 1st quarter. Farther Finance Advisors LLC now owns 6,878 shares of the company’s stock worth $821,000 after acquiring an additional 4,994 shares during the last quarter. Focus Financial Network Inc. grew its holdings in Vanguard Financials ETF by 0.9% in the 1st quarter. Focus Financial Network Inc. now owns 28,540 shares of the company’s stock worth $3,410,000 after acquiring an additional 267 shares during the last quarter. NorthCrest Asset Manangement LLC grew its holdings in Vanguard Financials ETF by 11.2% in the 1st quarter. NorthCrest Asset Manangement LLC now owns 21,793 shares of the company’s stock worth $2,604,000 after acquiring an additional 2,190 shares during the last quarter. Finally, Founders Grove Wealth Partners LLC grew its holdings in Vanguard Financials ETF by 2.8% in the 1st quarter. Founders Grove Wealth Partners LLC now owns 58,995 shares of the company’s stock worth $7,048,000 after acquiring an additional 1,620 shares during the last quarter. Institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Down 0.4%

Shares of Vanguard Financials ETF stock opened at $129.87 on Friday. The company’s fifty day simple moving average is $130.16 and its two-hundred day simple moving average is $124.32. The firm has a market cap of $13.01 billion, a PE ratio of 17.56 and a beta of 1.09. Vanguard Financials ETF has a 12-month low of $100.87 and a 12-month high of $133.85.

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).