Belpointe Asset Management LLC Has $845,000 Position in Vanguard Financials ETF $VFH

Belpointe Asset Management LLC raised its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 82.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,639 shares of the company’s stock after purchasing an additional 3,003 shares during the quarter. Belpointe Asset Management LLC’s holdings in Vanguard Financials ETF were worth $845,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Global Financial Private Client LLC increased its position in Vanguard Financials ETF by 5.7% during the second quarter. Global Financial Private Client LLC now owns 1,585 shares of the company’s stock worth $202,000 after buying an additional 85 shares during the last quarter. Oldfather Financial Services LLC increased its position in Vanguard Financials ETF by 4.3% during the second quarter. Oldfather Financial Services LLC now owns 2,047 shares of the company’s stock worth $261,000 after buying an additional 85 shares during the last quarter. Ameriflex Group Inc. increased its position in Vanguard Financials ETF by 16.8% during the second quarter. Ameriflex Group Inc. now owns 626 shares of the company’s stock worth $79,000 after buying an additional 90 shares during the last quarter. Praetorian Wealth Management Inc. increased its position in Vanguard Financials ETF by 0.5% during the first quarter. Praetorian Wealth Management Inc. now owns 21,940 shares of the company’s stock worth $2,621,000 after buying an additional 107 shares during the last quarter. Finally, Panoramic Investment Advisors LLC increased its position in Vanguard Financials ETF by 2.5% during the first quarter. Panoramic Investment Advisors LLC now owns 4,429 shares of the company’s stock worth $529,000 after buying an additional 108 shares during the last quarter. 61.65% of the stock is owned by institutional investors and hedge funds.

Vanguard Financials ETF Price Performance

Vanguard Financials ETF stock opened at $130.41 on Thursday. The company has a market capitalization of $13.06 billion, a price-to-earnings ratio of 17.56 and a beta of 1.09. Vanguard Financials ETF has a one year low of $100.87 and a one year high of $133.85. The company’s fifty day moving average price is $130.12 and its two-hundred day moving average price is $124.27.

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).