Vanguard Financials ETF (NYSEARCA:VFH) Hits New 1-Year High – Here’s What Happened

Posted by Casey Walker on Nov 27th, 2024

Vanguard Financials ETF (NYSEARCA:VFH – Get Free Report)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $126.62 and last traded at $126.62, with a volume of 20341 shares changing hands. The stock had previously closed at $125.78.

Vanguard Financials ETF Stock Performance

The stock has a 50-day simple moving average of $115.33 and a 200 day simple moving average of $107.65. The company has a market cap of $11.65 billion, a P/E ratio of 14.43 and a beta of 0.96.

Institutional Trading of Vanguard Financials ETF

A number of hedge funds have recently modified their holdings of the company. Synovus Financial Corp lifted its position in shares of Vanguard Financials ETF by 97.8% in the 3rd quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock worth $48,714,000 after acquiring an additional 219,120 shares during the period. Optimist Retirement Group LLC acquired a new stake in Vanguard Financials ETF during the 3rd quarter valued at $218,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Vanguard Financials ETF in the 3rd quarter valued at $1,238,000. World Investment Advisors LLC acquired a new stake in shares of Vanguard Financials ETF during the third quarter worth $227,000. Finally, Anchor Investment Management LLC grew its holdings in Vanguard Financials ETF by 1.8% during the third quarter. Anchor Investment Management LLC now owns 33,894 shares of the company’s stock valued at $3,725,000 after purchasing an additional 612 shares during the period.

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).