Shares of Vanguard Financials ETF (NYSEARCA:VFH – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $138.57 and last traded at $138.55, with a volume of 58953 shares traded. The stock had previously closed at $137.24.
Vanguard Financials ETF Stock Up 1.0%
The business has a fifty day moving average price of $129.75 and a 200-day moving average price of $128.49. The company has a market cap of $13.43 billion, a P/E ratio of 17.56 and a beta of 0.90.
Institutional Trading of Vanguard Financials ETF
Institutional investors have recently added to or reduced their stakes in the company. Jessup Wealth Management Inc bought a new position in Vanguard Financials ETF during the 4th quarter worth $27,000. Proathlete Wealth Management LLC lifted its holdings in shares of Vanguard Financials ETF by 2,775.0% during the fourth quarter. Proathlete Wealth Management LLC now owns 230 shares of the company’s stock worth $31,000 after buying an additional 222 shares in the last quarter. SHP Wealth Management bought a new stake in shares of Vanguard Financials ETF in the fourth quarter valued at about $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Vanguard Financials ETF in the fourth quarter valued at about $39,000. Finally, Evergreen Advisors LLC bought a new stake in shares of Vanguard Financials ETF in the first quarter valued at about $42,000. 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).
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