Matthew Goff Investment Advisor LLC Invests $4.23 Million in Vanguard Financials ETF $VFH

Matthew Goff Investment Advisor LLC purchased a new position in shares of Vanguard Financials ETF (NYSEARCA:VFH) in the first quarter, Holdings Channel.com reports. The institutional investor purchased 35,004 shares of the company’s stock, valued at approximately $4,229,000.

A number of other large investors also recently bought and sold shares of the business. Jessup Wealth Management Inc bought a new position in Vanguard Financials ETF in the 4th quarter valued at $27,000. Proathlete Wealth Management LLC increased its stake 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 worth $31,000 after purchasing an additional 222 shares during the period. SHP Wealth Management purchased a new stake in Vanguard Financials ETF in the fourth quarter worth $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Vanguard Financials ETF during the fourth quarter worth $39,000. Finally, Core Wealth Advisors LLC bought a new stake in shares of Vanguard Financials ETF during the fourth quarter worth $48,000. Hedge funds and other institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Trading Up 0.5%

Shares of VFH opened at $132.15 on Tuesday. The firm has a fifty day moving average price of $127.74 and a 200-day moving average price of $128.32. The firm has a market capitalization of $13.43 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 $137.89.

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).