14,595 Shares in Vanguard Financials ETF $VFH Bought by JM2 Capital Inc.

JM2 Capital Inc. bought a new position in Vanguard Financials ETF (NYSEARCA:VFH) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 14,595 shares of the company’s stock, valued at approximately $1,948,000. Vanguard Financials ETF accounts for 1.6% of JM2 Capital Inc.’s portfolio, making the stock its 16th largest position.

Several other hedge funds also recently made changes to their positions in the company. Calder Financial LLC acquired a new stake in shares of Vanguard Financials ETF in the 4th quarter worth $607,000. U.S. Capital Wealth Advisors LLC lifted its stake in shares of Vanguard Financials ETF by 21.6% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 21,683 shares of the company’s stock worth $2,895,000 after acquiring an additional 3,850 shares during the period. Axiom Financial Strategies LLC lifted its stake in shares of Vanguard Financials ETF by 2.5% in the 4th quarter. Axiom Financial Strategies LLC now owns 28,817 shares of the company’s stock worth $3,847,000 after acquiring an additional 715 shares during the period. Clear Creek Financial Management LLC lifted its stake in shares of Vanguard Financials ETF by 17.7% in the 4th quarter. Clear Creek Financial Management LLC now owns 39,434 shares of the company’s stock worth $5,264,000 after acquiring an additional 5,943 shares during the period. Finally, Carnegie Investment Counsel raised its stake in shares of Vanguard Financials ETF by 9.1% during the 4th quarter. Carnegie Investment Counsel now owns 1,904 shares of the company’s stock worth $254,000 after buying an additional 159 shares in the last quarter. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Trading Up 1.7%

Shares of VFH stock opened at $126.68 on Tuesday. The company has a market cap of $12.88 billion, a price-to-earnings ratio of 17.56 and a beta of 0.96. The stock has a 50 day simple moving average of $124.44 and a 200-day simple moving average of $128.56. Vanguard Financials ETF has a 12-month low of $107.98 and a 12-month high of $137.89.

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). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).