Axxcess Wealth Management LLC Purchases New Shares in Vanguard Financials ETF (NYSEARCA:VFH)

Axxcess Wealth Management LLC purchased a new stake in Vanguard Financials ETF (NYSEARCA:VFH) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,876 shares of the company’s stock, valued at approximately $221,000.

A number of other hedge funds and other institutional investors have also modified their holdings of VFH. Transcend Capital Advisors LLC raised its stake in shares of Vanguard Financials ETF by 0.5% during the 4th quarter. Transcend Capital Advisors LLC now owns 18,148 shares of the company’s stock worth $2,143,000 after purchasing an additional 86 shares in the last quarter. Brown Brothers Harriman & Co. raised its stake in shares of Vanguard Financials ETF by 45.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock worth $32,000 after purchasing an additional 90 shares in the last quarter. Consolidated Portfolio Review Corp raised its stake in shares of Vanguard Financials ETF by 1.0% during the 4th quarter. Consolidated Portfolio Review Corp now owns 10,287 shares of the company’s stock worth $1,215,000 after purchasing an additional 104 shares in the last quarter. Lewis Asset Management LLC raised its stake in shares of Vanguard Financials ETF by 2.2% during the 4th quarter. Lewis Asset Management LLC now owns 4,871 shares of the company’s stock worth $575,000 after purchasing an additional 105 shares in the last quarter. Finally, Strategic Blueprint LLC raised its stake in shares of Vanguard Financials ETF by 1.8% during the 4th quarter. Strategic Blueprint LLC now owns 5,911 shares of the company’s stock worth $698,000 after purchasing an additional 107 shares in the last quarter.

Vanguard Financials ETF Stock Performance

Shares of VFH stock opened at $119.02 on Friday. The stock’s 50 day simple moving average is $122.61 and its 200 day simple moving average is $118.61. Vanguard Financials ETF has a twelve month low of $95.67 and a twelve month high of $127.67. The company has a market capitalization of $11.89 billion, a price-to-earnings ratio of 15.58 and a beta of 1.10.

Vanguard Financials ETF Company 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).