Strategic Financial Concepts LLC Takes $8.80 Million Position in Vanguard Financials ETF (NYSEARCA:VFH)

Strategic Financial Concepts LLC acquired a new position in Vanguard Financials ETF (NYSEARCA:VFH) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 74,502 shares of the company’s stock, valued at approximately $8,796,000. Strategic Financial Concepts LLC owned 0.08% of Vanguard Financials ETF 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. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vanguard Financials ETF in the 4th quarter worth approximately $26,000. Abound Wealth Management lifted its holdings in Vanguard Financials ETF by 379.6% during the fourth quarter. Abound Wealth Management now owns 235 shares of the company’s stock worth $28,000 after buying an additional 186 shares during the period. Brown Brothers Harriman & Co. boosted its position in Vanguard Financials ETF by 45.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock valued at $32,000 after acquiring an additional 90 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in Vanguard Financials ETF during the 4th quarter valued at $45,000. Finally, Ashton Thomas Securities LLC purchased a new position in shares of Vanguard Financials ETF in the 3rd quarter valued at $54,000.

Vanguard Financials ETF Price Performance

Shares of NYSEARCA VFH opened at $126.48 on Friday. Vanguard Financials ETF has a 1-year low of $95.26 and a 1-year high of $127.67. The business has a fifty day moving average price of $121.80 and a 200 day moving average price of $115.95. The stock has a market capitalization of $11.65 billion, a P/E ratio of 14.43 and a beta of 0.96.

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).