Leo Wealth LLC Purchases New Holdings in Vanguard Financials ETF $VFH

Leo Wealth LLC purchased a new stake in Vanguard Financials ETF (NYSEARCA:VFH) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 1,865 shares of the company’s stock, valued at approximately $237,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. US Bancorp DE increased its position in Vanguard Financials ETF by 29.7% in the 2nd quarter. US Bancorp DE now owns 8,089 shares of the company’s stock valued at $1,030,000 after acquiring an additional 1,850 shares during the period. Capital Management Associates Inc acquired a new position in Vanguard Financials ETF in the 2nd quarter valued at about $553,000. Clear Creek Financial Management LLC acquired a new position in Vanguard Financials ETF in the 2nd quarter valued at about $2,625,000. Wheelhouse Advisory Group LLC increased its position in Vanguard Financials ETF by 3.0% in the 2nd quarter. Wheelhouse Advisory Group LLC now owns 72,127 shares of the company’s stock valued at $9,182,000 after acquiring an additional 2,134 shares during the period. Finally, Belpointe Asset Management LLC increased its position in Vanguard Financials ETF by 82.6% in the 2nd quarter. Belpointe Asset Management LLC now owns 6,639 shares of the company’s stock valued at $845,000 after acquiring an additional 3,003 shares during the period. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Trading Down 2.3%

NYSEARCA VFH opened at $126.88 on Friday. The business’s 50 day moving average is $130.19 and its two-hundred day moving average is $124.36. Vanguard Financials ETF has a 12-month low of $100.87 and a 12-month high of $133.85. The stock has a market capitalization of $12.71 billion, a price-to-earnings ratio of 17.56 and a beta of 1.09.

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).