Lee Danner & Bass Inc. Invests $50,000 in Vanguard Financials ETF (NYSEARCA:VFH)

Lee Danner & Bass Inc. bought a new position in Vanguard Financials ETF (NYSEARCA:VFH) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 424 shares of the company’s stock, valued at approximately $50,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Transcend Capital Advisors LLC lifted its position in Vanguard Financials ETF by 0.5% during the fourth quarter. Transcend Capital Advisors LLC now owns 18,148 shares of the company’s stock valued at $2,143,000 after purchasing an additional 86 shares during the period. Brown Brothers Harriman & Co. lifted its position in Vanguard Financials ETF by 45.0% during the third quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock valued at $32,000 after purchasing an additional 90 shares during the period. Consolidated Portfolio Review Corp lifted its position in Vanguard Financials ETF by 1.0% during the fourth quarter. Consolidated Portfolio Review Corp now owns 10,287 shares of the company’s stock valued at $1,215,000 after purchasing an additional 104 shares during the period. Lewis Asset Management LLC lifted its position in Vanguard Financials ETF by 2.2% during the fourth quarter. Lewis Asset Management LLC now owns 4,871 shares of the company’s stock valued at $575,000 after purchasing an additional 105 shares during the period. Finally, Strategic Blueprint LLC lifted its position in Vanguard Financials ETF by 1.8% during the fourth quarter. Strategic Blueprint LLC now owns 5,911 shares of the company’s stock valued at $698,000 after purchasing an additional 107 shares during the period.

Vanguard Financials ETF Trading Down 0.3 %

VFH opened at $119.02 on Friday. Vanguard Financials ETF has a 1-year low of $95.67 and a 1-year high of $127.67. The company has a market capitalization of $11.89 billion, a PE ratio of 15.58 and a beta of 1.10. The firm’s 50 day simple moving average is $122.61 and its two-hundred day simple moving average is $118.61.

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).