Montag A & Associates Inc. Acquires 5,944 Shares of Vanguard Financials ETF $VFH

Montag A & Associates Inc. raised its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 85.5% during the first quarter, HoldingsChannel reports. The firm owned 12,899 shares of the company’s stock after acquiring an additional 5,944 shares during the quarter. Montag A & Associates Inc.’s holdings in Vanguard Financials ETF were worth $1,558,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jessup Wealth Management Inc bought a new stake in shares of Vanguard Financials ETF during the 4th quarter worth $27,000. Proathlete Wealth Management LLC grew its position in Vanguard Financials ETF by 2,775.0% in the fourth quarter. Proathlete Wealth Management LLC now owns 230 shares of the company’s stock valued at $31,000 after acquiring an additional 222 shares during the last quarter. SHP Wealth Management bought a new position in Vanguard Financials ETF in the fourth quarter valued at about $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Vanguard Financials ETF during the fourth quarter worth about $39,000. Finally, Core Wealth Advisors LLC acquired a new position in Vanguard Financials ETF during the fourth quarter worth about $48,000. Institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Trading Down 1.9%

VFH stock opened at $134.50 on Thursday. The stock has a market capitalization of $13.03 billion, a P/E ratio of 17.56 and a beta of 0.90. Vanguard Financials ETF has a 12 month low of $116.67 and a 12 month high of $138.50. The firm has a 50-day moving average price of $129.23 and a 200-day moving average price of $128.45.

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). 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).