Vanguard Financials ETF (NYSEARCA:VFH) Shares Acquired by LCM Capital Management Inc

LCM Capital Management Inc increased its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 0.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 59,262 shares of the company’s stock after buying an additional 242 shares during the quarter. Vanguard Financials ETF accounts for about 3.9% of LCM Capital Management Inc’s investment portfolio, making the stock its 7th biggest holding. LCM Capital Management Inc’s holdings in Vanguard Financials ETF were worth $6,997,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Brown Brothers Harriman & Co. boosted its holdings in shares of Vanguard Financials ETF by 45.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock valued at $32,000 after acquiring an additional 90 shares during the last quarter. Kovack Advisors Inc. lifted its position in Vanguard Financials ETF by 2.7% during the third quarter. Kovack Advisors Inc. now owns 3,511 shares of the company’s stock valued at $386,000 after purchasing an additional 93 shares during the period. Private Wealth Advisors LLC boosted its holdings in Vanguard Financials ETF by 0.9% in the third quarter. Private Wealth Advisors LLC now owns 11,953 shares of the company’s stock valued at $1,305,000 after purchasing an additional 103 shares during the last quarter. Magnus Financial Group LLC grew its position in Vanguard Financials ETF by 0.9% during the 3rd quarter. Magnus Financial Group LLC now owns 11,506 shares of the company’s stock worth $1,265,000 after purchasing an additional 104 shares during the period. Finally, Lewis Asset Management LLC raised its stake in shares of Vanguard Financials ETF by 2.2% during the 4th quarter. Lewis Asset Management LLC now owns 4,871 shares of the company’s stock valued at $575,000 after buying an additional 105 shares during the last quarter.

Vanguard Financials ETF Stock Up 1.0 %

Shares of VFH stock opened at $126.28 on Thursday. The stock has a market cap of $11.63 billion, a PE ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a 52-week low of $93.11 and a 52-week high of $127.29. The business has a 50-day simple moving average of $121.60 and a 200-day simple moving average of $114.86.

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).