Vanguard Financials ETF (NYSEARCA:VFH) Shares Purchased by Marmo Financial Group LLC

Marmo Financial Group LLC raised its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 219.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,039 shares of the company’s stock after acquiring an additional 63,898 shares during the quarter. Vanguard Financials ETF comprises approximately 6.1% of Marmo Financial Group LLC’s investment portfolio, making the stock its 6th biggest holding. Marmo Financial Group LLC owned approximately 0.09% of Vanguard Financials ETF worth $11,115,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Transcend Capital Advisors LLC grew its holdings in Vanguard Financials ETF by 0.5% during the fourth quarter. Transcend Capital Advisors LLC now owns 18,148 shares of the company’s stock valued at $2,143,000 after purchasing an additional 86 shares during the period. Retirement Planning Group LLC grew its holdings in Vanguard Financials ETF by 3.6% during the fourth quarter. Retirement Planning Group LLC now owns 2,561 shares of the company’s stock valued at $302,000 after purchasing an additional 89 shares during the period. CreativeOne Wealth LLC grew its holdings in Vanguard Financials ETF by 0.9% during the fourth quarter. CreativeOne Wealth LLC now owns 10,016 shares of the company’s stock valued at $1,183,000 after purchasing an additional 93 shares during the period. Snowden Capital Advisors LLC grew its holdings in Vanguard Financials ETF by 0.4% during the fourth quarter. Snowden Capital Advisors LLC now owns 23,842 shares of the company’s stock valued at $2,815,000 after purchasing an additional 102 shares during the period. Finally, Praetorian Wealth Management Inc. lifted its stake in Vanguard Financials ETF by 0.5% in the first quarter. Praetorian Wealth Management Inc. now owns 21,940 shares of the company’s stock valued at $2,621,000 after buying an additional 107 shares in the last quarter.

Vanguard Financials ETF Stock Performance

Shares of VFH opened at $120.97 on Friday. The firm’s 50 day moving average price is $118.63 and its two-hundred day moving average price is $120.25. The firm has a market cap of $11.81 billion, a P/E ratio of 16.90 and a beta of 1.03. Vanguard Financials ETF has a twelve month low of $97.83 and a twelve month high of $127.67.

Vanguard Financials ETF 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).