Vanguard Financials ETF (NYSEARCA:VFH) Reaches New 52-Week High – Time to Buy?

by · The Markets Daily

Vanguard Financials ETF (NYSEARCA:VFH – Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as $134.02 and last traded at $133.9540, with a volume of 234165 shares changing hands. The stock had previously closed at $132.06.

Vanguard Financials ETF Trading Up 0.0%

The company has a market cap of $13.46 billion, a P/E ratio of 17.56 and a beta of 1.02. The business has a 50 day moving average price of $128.77 and a 200-day moving average price of $128.22.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VFH. Capital Square LLC raised its position in shares of Vanguard Financials ETF by 3.5% during the second quarter. Capital Square LLC now owns 2,498 shares of the company’s stock worth $318,000 after purchasing an additional 84 shares during the period. Global Financial Private Client LLC grew its position in shares of Vanguard Financials ETF by 5.7% in the 2nd quarter. Global Financial Private Client LLC now owns 1,585 shares of the company’s stock valued at $202,000 after purchasing an additional 85 shares during the period. Oldfather Financial Services LLC increased its stake in Vanguard Financials ETF by 4.3% during the 2nd quarter. Oldfather Financial Services LLC now owns 2,047 shares of the company’s stock worth $261,000 after purchasing an additional 85 shares in the last quarter. Koshinski Asset Management Inc. raised 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 worth $640,000 after buying an additional 86 shares during the period. Finally, Alteri Wealth LLC increased its position in shares of Vanguard Financials ETF by 4.8% in the third quarter. Alteri Wealth LLC now owns 1,888 shares of the company’s stock valued at $248,000 after acquiring an additional 87 shares during the last quarter. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Company Profile

(Get Free Report)

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).

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