Vanguard Financials ETF (NYSEARCA:VFH) Sets New 12-Month High at $107.66

Vanguard Financials ETF (NYSEARCA:VFH)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $107.66 and last traded at $107.15, with a volume of 25932 shares. The stock had previously closed at $107.02.

Vanguard Financials ETF Trading Down 1.7 %

The business has a fifty day moving average of $101.79 and a 200 day moving average of $99.29. The company has a market capitalization of $9.67 billion, a PE ratio of 14.43 and a beta of 0.96.

Hedge Funds Weigh In On Vanguard Financials ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Beacon Capital Management Inc. boosted its stake in shares of Vanguard Financials ETF by 206.2% in the 1st quarter. Beacon Capital Management Inc. now owns 1,671,708 shares of the company’s stock valued at $169,729,000 after buying an additional 1,125,795 shares during the period. Morningstar Investment Services LLC raised its position in shares of Vanguard Financials ETF by 62.1% during the 4th quarter. Morningstar Investment Services LLC now owns 818,619 shares of the company’s stock worth $75,861,000 after acquiring an additional 313,649 shares in the last quarter. Advisors Preferred LLC acquired a new stake in shares of Vanguard Financials ETF during the 4th quarter worth about $59,548,000. Raymond James Financial Services Advisors Inc. raised its position in shares of Vanguard Financials ETF by 4.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 600,815 shares of the company’s stock worth $60,009,000 after acquiring an additional 25,730 shares in the last quarter. Finally, Raymond James & Associates raised its position in shares of Vanguard Financials ETF by 9.4% during the 2nd quarter. Raymond James & Associates now owns 471,964 shares of the company’s stock worth $47,140,000 after acquiring an additional 40,730 shares in the last quarter.

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).