World Equity Group Inc. Makes New $4.12 Million Investment in Vanguard Financials ETF (NYSEARCA:VFH)

World Equity Group Inc. bought a new position in shares of Vanguard Financials ETF (NYSEARCA:VFH) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 34,882 shares of the company’s stock, valued at approximately $4,119,000. Vanguard Financials ETF makes up approximately 0.9% of World Equity Group Inc.’s investment portfolio, making the stock its 24th largest position.

Other large investors have also recently added to or reduced their stakes in the company. Comprehensive Financial Planning Inc. PA bought a new position in shares of Vanguard Financials ETF in the 4th quarter valued at about $26,000. Abound Wealth Management grew its holdings in shares of Vanguard Financials ETF by 379.6% in the 4th quarter. Abound Wealth Management now owns 235 shares of the company’s stock valued at $28,000 after acquiring an additional 186 shares in the last quarter. Brown Brothers Harriman & Co. grew its holdings in shares of Vanguard Financials ETF by 45.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock valued at $32,000 after acquiring an additional 90 shares in the last quarter. Kestra Investment Management LLC bought a new position in shares of Vanguard Financials ETF in the 4th quarter valued at about $35,000. Finally, Heck Capital Advisors LLC bought a new position in shares of Vanguard Financials ETF in the 4th quarter valued at about $45,000.

Vanguard Financials ETF Price Performance

Shares of NYSEARCA VFH opened at $123.27 on Friday. The stock has a market capitalization of $11.35 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. The business has a 50-day moving average of $122.16 and a 200-day moving average of $116.65. Vanguard Financials ETF has a fifty-two week low of $95.67 and a fifty-two week 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).