New York Life Investment Management LLC raised its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH – Free Report) by 18.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 116,904 shares of the company’s stock after purchasing an additional 18,509 shares during the quarter. New York Life Investment Management LLC’s holdings in Vanguard Financials ETF were worth $10,786,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the business. Wetzel Investment Advisors Inc. acquired a new stake in Vanguard Financials ETF during the 4th quarter worth about $25,000. MCF Advisors LLC purchased a new position in shares of Vanguard Financials ETF in the fourth quarter worth approximately $31,000. McGlone Suttner Wealth Management Inc. acquired a new stake in shares of Vanguard Financials ETF during the fourth quarter valued at approximately $32,000. Bfsg LLC acquired a new position in Vanguard Financials ETF in the 4th quarter worth approximately $39,000. Finally, Balentine LLC purchased a new position in Vanguard Financials ETF during the 3rd quarter worth approximately $49,000.
Vanguard Financials ETF Stock Up 0.2 %
Shares of NYSEARCA:VFH opened at $98.00 on Thursday. The company has a market cap of $9.03 billion, a P/E ratio of 14.43 and a beta of 0.96. The company’s fifty day moving average is $99.16 and its two-hundred day moving average is $92.20. Vanguard Financials ETF has a 12-month low of $73.87 and a 12-month high of $102.60.
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).
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Want to see what other hedge funds are holding VFH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Financials ETF (NYSEARCA:VFH – Free Report).
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