Hanover Advisors Inc. Raises Position in Vanguard Financials ETF (NYSEARCA:VFH)

Hanover Advisors Inc. grew its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 31.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,530 shares of the company’s stock after buying an additional 1,075 shares during the quarter. Hanover Advisors Inc.’s holdings in Vanguard Financials ETF were worth $535,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of VFH. Synovus Financial Corp grew its stake in shares of Vanguard Financials ETF by 97.8% during the third quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock valued at $48,714,000 after buying an additional 219,120 shares during the last quarter. Advisors Preferred LLC grew its stake in Vanguard Financials ETF by 48.0% in the fourth quarter. Advisors Preferred LLC now owns 446,507 shares of the company’s stock worth $52,612,000 after purchasing an additional 144,912 shares in the last quarter. EWG Elevate Inc. purchased a new stake in Vanguard Financials ETF during the fourth quarter worth $12,919,000. Barclays PLC lifted its holdings in Vanguard Financials ETF by 11,076.1% during the third quarter. Barclays PLC now owns 98,350 shares of the company’s stock worth $10,810,000 after buying an additional 97,470 shares during the period. Finally, Strategic Financial Concepts LLC purchased a new stake in Vanguard Financials ETF during the fourth quarter worth $8,796,000.

Vanguard Financials ETF Stock Up 2.0 %

Vanguard Financials ETF stock opened at $126.11 on Friday. The business has a fifty day moving average of $122.68 and a two-hundred day moving average of $117.42. The firm has a market cap of $12.61 billion, a P/E ratio of 16.94 and a beta of 1.11. Vanguard Financials ETF has a twelve month low of $95.67 and a twelve month high of $127.67.

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).