Tandem Wealth Advisors LLC Purchases Shares of 25,293 Vanguard Financials ETF $VFH

Tandem Wealth Advisors LLC bought a new position in shares of Vanguard Financials ETF (NYSEARCA:VFH) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 25,293 shares of the company’s stock, valued at approximately $3,015,000. Vanguard Financials ETF accounts for about 1.6% of Tandem Wealth Advisors LLC’s investment portfolio, making the stock its 14th biggest position.

A number of other institutional investors also recently modified their holdings of VFH. Russell Investments Group Ltd. raised its position in shares of Vanguard Financials ETF by 65.6% during the fourth quarter. Russell Investments Group Ltd. now owns 366 shares of the company’s stock worth $43,000 after purchasing an additional 145 shares during the period. First Trust Advisors LP acquired a new position in shares of Vanguard Financials ETF during the fourth quarter worth approximately $225,000. OneDigital Investment Advisors LLC raised its position in shares of Vanguard Financials ETF by 24.2% during the fourth quarter. OneDigital Investment Advisors LLC now owns 9,248 shares of the company’s stock worth $1,092,000 after purchasing an additional 1,801 shares during the period. MGO One Seven LLC acquired a new position in shares of Vanguard Financials ETF during the fourth quarter worth approximately $207,000. Finally, Integrated Wealth Concepts LLC raised its position in shares of Vanguard Financials ETF by 2.6% during the fourth quarter. Integrated Wealth Concepts LLC now owns 40,646 shares of the company’s stock worth $4,799,000 after purchasing an additional 1,022 shares during the period. 61.65% of the stock is owned by institutional investors and hedge funds.

Vanguard Financials ETF Stock Up 2.0%

Shares of NYSEARCA:VFH opened at $131.16 on Friday. Vanguard Financials ETF has a twelve month low of $100.87 and a twelve month high of $131.45. The stock’s 50 day moving average is $127.26 and its 200-day moving average is $122.17. The firm has a market capitalization of $12.89 billion, a price-to-earnings ratio of 17.56 and a beta of 1.09.

About Vanguard Financials ETF

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).