Main Management LLC Buys 13,756 Shares of Vanguard Financials ETF $VFH

Main Management LLC increased its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 37.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 50,726 shares of the company’s stock after acquiring an additional 13,756 shares during the period. Vanguard Financials ETF accounts for 0.5% of Main Management LLC’s holdings, making the stock its 29th largest position. Main Management LLC’s holdings in Vanguard Financials ETF were worth $6,771,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Money Concepts Capital Corp lifted its position in shares of Vanguard Financials ETF by 4.7% during the 4th quarter. Money Concepts Capital Corp now owns 1,740 shares of the company’s stock worth $232,000 after buying an additional 78 shares during the period. Valeo Financial Advisors LLC increased its holdings in Vanguard Financials ETF by 1.2% during the 4th quarter. Valeo Financial Advisors LLC now owns 6,846 shares of the company’s stock valued at $914,000 after purchasing an additional 83 shares in the last quarter. NBC Securities Inc. increased its holdings in Vanguard Financials ETF by 12.0% during the 4th quarter. NBC Securities Inc. now owns 784 shares of the company’s stock valued at $105,000 after purchasing an additional 84 shares in the last quarter. Koshinski Asset Management Inc. increased its holdings in Vanguard Financials ETF by 1.8% during the 3rd quarter. Koshinski Asset Management Inc. now owns 4,880 shares of the company’s stock valued at $640,000 after purchasing an additional 86 shares in the last quarter. Finally, Alteri Wealth LLC increased its holdings in Vanguard Financials ETF by 4.8% during the 3rd quarter. Alteri Wealth LLC now owns 1,888 shares of the company’s stock valued at $248,000 after purchasing an additional 87 shares in the last quarter. Institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Price Performance

VFH stock opened at $126.66 on Monday. The business has a fifty day moving average price of $125.08 and a 200 day moving average price of $128.14. Vanguard Financials ETF has a fifty-two week low of $116.67 and a fifty-two week high of $137.89. The stock has a market capitalization of $12.87 billion, a price-to-earnings ratio of 17.56 and a beta of 0.92.

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).