Vanguard Financials ETF $VFH Stock: Kestra Advisory Services LLC Grows Stake

Kestra Advisory Services LLC increased its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 44.2% during the third quarter, HoldingsChannel.com reports. The fund owned 86,775 shares of the company’s stock after purchasing an additional 26,584 shares during the period. Kestra Advisory Services LLC’s holdings in Vanguard Financials ETF were worth $11,289,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Provenance Wealth Advisors LLC lifted its holdings in Vanguard Financials ETF by 302.1% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 752 shares of the company’s stock worth $98,000 after purchasing an additional 565 shares during the last quarter. Blue Bell Private Wealth Management LLC grew its holdings in Vanguard Financials ETF by 7.6% during the third quarter. Blue Bell Private Wealth Management LLC now owns 1,424 shares of the company’s stock valued at $185,000 after purchasing an additional 100 shares during the last quarter. Vise Technologies Inc. bought a new position in shares of Vanguard Financials ETF in the third quarter valued at approximately $300,000. Investment Partners LTD. bought a new position in shares of Vanguard Financials ETF in the third quarter valued at approximately $388,000. Finally, Modera Wealth Management LLC acquired a new stake in shares of Vanguard Financials ETF in the third quarter worth $327,000. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Trading Up 1.5%

NYSEARCA VFH opened at $140.71 on Tuesday. The company has a fifty day simple moving average of $136.16 and a 200 day simple moving average of $131.77. The company has a market cap of $13.66 billion, a P/E ratio of 17.56 and a beta of 0.89. Vanguard Financials ETF has a 1 year low of $116.67 and a 1 year high of $145.50.

About Vanguard Financials ETF

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).