Vanguard Financials ETF $VFH Position Boosted by Lido Advisors LLC

Lido Advisors LLC boosted its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 10.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 380,112 shares of the company’s stock after purchasing an additional 35,619 shares during the period. Lido Advisors LLC owned approximately 0.39% of Vanguard Financials ETF worth $49,449,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Cornerstone Wealth Management LLC boosted its holdings in Vanguard Financials ETF by 2.3% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 18,379 shares of the company’s stock valued at $2,391,000 after acquiring an additional 409 shares during the period. Idaho Trust Co grew its position in Vanguard Financials ETF by 3.4% during the 3rd quarter. Idaho Trust Co now owns 11,570 shares of the company’s stock worth $1,505,000 after acquiring an additional 382 shares during the last quarter. Simplex Trading LLC purchased a new position in Vanguard Financials ETF in the 3rd quarter worth approximately $26,000. Allspring Global Investments Holdings LLC increased its stake in Vanguard Financials ETF by 58.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,468 shares of the company’s stock worth $191,000 after purchasing an additional 543 shares during the period. Finally, Avantax Planning Partners Inc. increased its stake in Vanguard Financials ETF by 7.3% in the 3rd quarter. Avantax Planning Partners Inc. now owns 6,256 shares of the company’s stock worth $814,000 after purchasing an additional 428 shares during the period. 61.65% of the stock is owned by institutional investors.

Vanguard Financials ETF Stock Performance

Shares of VFH stock opened at $141.24 on Wednesday. Vanguard Financials ETF has a fifty-two week low of $116.67 and a fifty-two week high of $145.50. The stock has a 50 day moving average price of $136.16 and a two-hundred day moving average price of $131.81. The company has a market capitalization of $13.71 billion, a P/E ratio of 17.56 and a beta of 0.89.

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).