Lido Advisors LLC Has $38.65 Million Stake in Vanguard Financials ETF $VFH

Lido Advisors LLC raised its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 69.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 294,498 shares of the company’s stock after purchasing an additional 120,224 shares during the period. Lido Advisors LLC owned approximately 0.29% of Vanguard Financials ETF worth $38,650,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE raised its position in shares of Vanguard Financials ETF by 2.3% in the third quarter. Bank of America Corp DE now owns 23,437,493 shares of the company’s stock valued at $3,075,937,000 after buying an additional 526,682 shares in the last quarter. PGIM Custom Harvest LLC boosted its stake in shares of Vanguard Financials ETF by 2.9% in the third quarter. PGIM Custom Harvest LLC now owns 1,416,698 shares of the company’s stock valued at $185,927,000 after buying an additional 40,422 shares during the period. Raymond James Financial Inc. grew its position in Vanguard Financials ETF by 7.6% during the third quarter. Raymond James Financial Inc. now owns 1,162,719 shares of the company’s stock worth $152,595,000 after buying an additional 82,232 shares in the last quarter. Beacon Capital Management Inc. grew its position in Vanguard Financials ETF by 197.6% during the second quarter. Beacon Capital Management Inc. now owns 1,014,050 shares of the company’s stock worth $129,089,000 after buying an additional 673,259 shares in the last quarter. Finally, Corient Private Wealth LLC increased its stake in Vanguard Financials ETF by 606.8% during the 2nd quarter. Corient Private Wealth LLC now owns 880,189 shares of the company’s stock worth $111,992,000 after acquiring an additional 755,665 shares during the period. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Price Performance

Shares of NYSEARCA VFH opened at $119.23 on Monday. The stock has a market capitalization of $11.96 billion, a PE ratio of 17.56 and a beta of 1.02. The business has a fifty day moving average price of $129.35 and a two-hundred day moving average price of $130.06. Vanguard Financials ETF has a fifty-two week low of $100.87 and a fifty-two week high of $137.89.

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). 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).