Lido Advisors LLC Increases Stock Holdings in Vanguard Financials ETF $VFH

Lido Advisors LLC lifted its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 3.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 333,523 shares of the company’s stock after buying an additional 12,658 shares during the quarter. Lido Advisors LLC’s holdings in Vanguard Financials ETF were worth $40,293,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jessup Wealth Management Inc acquired a new stake in Vanguard Financials ETF in the 4th quarter valued at about $27,000. Proathlete Wealth Management LLC raised its position in Vanguard Financials ETF by 2,775.0% during the fourth quarter. Proathlete Wealth Management LLC now owns 230 shares of the company’s stock worth $31,000 after acquiring an additional 222 shares during the last quarter. SHP Wealth Management acquired a new position in Vanguard Financials ETF during the fourth quarter worth 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, Evergreen Advisors LLC purchased a new stake in shares of Vanguard Financials ETF in the first quarter valued at about $42,000. 61.65% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Financials ETF Price Performance

VFH stock opened at $137.16 on Thursday. The company’s 50 day simple moving average is $131.36 and its 200-day simple moving average is $128.63. The firm has a market capitalization of $13.28 billion, a PE 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 $139.50.

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).