Vanguard Financials ETF (NYSEARCA:VFH) Sees Unusually-High Trading Volume – Time to Buy?

Vanguard Financials ETF (NYSEARCA:VFH) saw unusually-strong trading volume on Tuesday. 1,836,828 shares were traded during trading, an increase of 187% from the previous session’s volume of 639,249 shares. The stock last traded at $131.0030 and had previously closed at $132.11.

Vanguard Financials ETF Stock Performance

The stock’s fifty day simple moving average is $139.45 and its 200-day simple moving average is $131.84. The company has a market capitalization of $12.58 billion, a PE ratio of 17.56 and a beta of 0.89.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of VFH. Harbor Asset Planning Inc. boosted its position in Vanguard Financials ETF by 10.8% during the 1st quarter. Harbor Asset Planning Inc. now owns 853 shares of the company’s stock worth $103,000 after acquiring an additional 83 shares during the last quarter. RCW Management LLC lifted its position in shares of Vanguard Financials ETF by 0.3% in the second quarter. RCW Management LLC now owns 28,309 shares of the company’s stock worth $3,726,000 after purchasing an additional 87 shares in the last quarter. IFP Advisors Inc boosted its holdings in Vanguard Financials ETF by 7.7% during the second quarter. IFP Advisors Inc now owns 1,366 shares of the company’s stock worth $180,000 after purchasing an additional 98 shares during the last quarter. Sigma Planning Corp boosted its holdings in Vanguard Financials ETF by 1.6% during the first quarter. Sigma Planning Corp now owns 6,321 shares of the company’s stock worth $764,000 after purchasing an additional 101 shares during the last quarter. Finally, Cahill Financial Advisors Inc. grew its position in Vanguard Financials ETF by 1.6% in the second quarter. Cahill Financial Advisors Inc. now owns 6,613 shares of the company’s stock valued at $870,000 after purchasing an additional 104 shares in the last quarter. Institutional investors and hedge funds own 61.65% of the company’s stock.

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).