Avantax Advisory Services Inc. Purchases 10,186 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Avantax Advisory Services Inc. boosted its position in Vanguard Financials ETF (NYSEARCA:VFH) by 7.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 154,642 shares of the company’s stock after buying an additional 10,186 shares during the quarter. Avantax Advisory Services Inc. owned approximately 0.17% of Vanguard Financials ETF worth $15,834,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. WBH Advisory Inc. grew its stake in shares of Vanguard Financials ETF by 8.3% in the fourth quarter. WBH Advisory Inc. now owns 120,569 shares of the company’s stock worth $11,124,000 after acquiring an additional 9,256 shares during the last quarter. Cypress Financial Planning LLC acquired a new stake in Vanguard Financials ETF during the fourth quarter worth about $231,000. BKM Wealth Management LLC bought a new position in Vanguard Financials ETF during the fourth quarter valued at about $92,000. Raymond James Trust N.A. raised its holdings in Vanguard Financials ETF by 58.9% in the 4th quarter. Raymond James Trust N.A. now owns 5,381 shares of the company’s stock valued at $496,000 after acquiring an additional 1,995 shares in the last quarter. Finally, Brookstone Capital Management bought a new stake in shares of Vanguard Financials ETF in the 4th quarter worth approximately $768,000.

Vanguard Financials ETF Trading Up 1.5 %

VFH stock traded up $1.53 during midday trading on Tuesday, hitting $106.15. The stock had a trading volume of 298,841 shares, compared to its average volume of 417,913. The firm has a market capitalization of $9.78 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. The stock has a 50-day simple moving average of $100.73 and a 200 day simple moving average of $98.14. Vanguard Financials ETF has a 52 week low of $75.71 and a 52 week high of $106.22.

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).