Vanguard Financials ETF $VFH Shares Purchased by RFG Advisory LLC

RFG Advisory LLC boosted its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 307.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,469 shares of the company’s stock after buying an additional 4,880 shares during the period. RFG Advisory LLC’s holdings in Vanguard Financials ETF were worth $864,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VFH. Bank of America Corp DE boosted its holdings in 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 acquiring an additional 526,682 shares during the last quarter. PGIM Custom Harvest LLC grew its position in Vanguard Financials ETF by 2.9% during the third quarter. PGIM Custom Harvest LLC now owns 1,416,698 shares of the company’s stock valued at $185,927,000 after acquiring an additional 40,422 shares during the period. Raymond James Financial Inc. increased its stake 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 acquiring an additional 82,232 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Vanguard Financials ETF by 3.8% during the third quarter. Ameriprise Financial Inc. now owns 850,271 shares of the company’s stock worth $111,601,000 after acquiring an additional 31,454 shares during the last quarter. Finally, Two Sigma Investments LP raised its holdings in shares of Vanguard Financials ETF by 60.3% in the 3rd quarter. Two Sigma Investments LP now owns 554,500 shares of the company’s stock worth $72,773,000 after purchasing an additional 208,500 shares during the period. Hedge funds and other institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Price Performance

NYSEARCA VFH opened at $126.13 on Friday. Vanguard Financials ETF has a 1-year low of $116.67 and a 1-year high of $137.89. The firm has a market capitalization of $12.82 billion, a P/E ratio of 17.56 and a beta of 0.92. The business’s 50-day simple moving average is $124.09 and its 200-day simple moving average is $128.35.

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).