Vanguard Financials ETF (NYSEARCA:VFH) Shares Cross Above 50 Day Moving Average – Should You Sell?

Vanguard Financials ETF (NYSEARCA:VFH)’s stock price passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $136.40 and traded as high as $139.00. Vanguard Financials ETF shares last traded at $138.36, with a volume of 554,257 shares.

Vanguard Financials ETF Stock Performance

The company has a market capitalization of $13.40 billion, a P/E ratio of 17.56 and a beta of 0.91. The company’s fifty day simple moving average is $136.36 and its 200-day simple moving average is $131.53.

Hedge Funds Weigh In On Vanguard Financials ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Lebenthal Global Advisors LLC lifted its stake in Vanguard Financials ETF by 0.4% in the third quarter. Lebenthal Global Advisors LLC now owns 24,606 shares of the company’s stock worth $3,201,000 after acquiring an additional 86 shares during the last quarter. RCW Management LLC increased its holdings in Vanguard Financials ETF by 0.3% in the second quarter. RCW Management LLC now owns 28,309 shares of the company’s stock valued at $3,726,000 after buying an additional 87 shares during the last quarter. IFP Advisors Inc increased its holdings in Vanguard Financials ETF by 7.7% in the second quarter. IFP Advisors Inc now owns 1,366 shares of the company’s stock valued at $180,000 after buying an additional 98 shares during the last quarter. Blue Bell Private Wealth Management LLC raised its stake in Vanguard Financials ETF by 7.6% in the third quarter. Blue Bell Private Wealth Management LLC now owns 1,424 shares of the company’s stock valued at $185,000 after buying an additional 100 shares in the last quarter. Finally, Sigma Planning Corp raised its stake in Vanguard Financials ETF by 1.6% in the first quarter. Sigma Planning Corp now owns 6,321 shares of the company’s stock valued at $764,000 after buying an additional 101 shares in the last quarter. 61.65% of the stock is currently owned by institutional investors.

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). 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).