Vanguard Financials ETF (NYSEARCA:VFH) Sets New 52-Week High – Should You Buy?

Shares of Vanguard Financials ETF (NYSEARCA:VFHGet Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $123.31 and last traded at $123.16, with a volume of 75977 shares changing hands. The stock had previously closed at $121.74.

Vanguard Financials ETF Stock Performance

The stock has a market cap of $11.49 billion, a P/E ratio of 14.43 and a beta of 0.96. The business’s 50-day moving average price is $114.35 and its 200-day moving average price is $107.04.

Hedge Funds Weigh In On Vanguard Financials ETF

Institutional investors have recently bought and sold shares of the stock. Family Firm Inc. purchased a new stake in shares of Vanguard Financials ETF during the 2nd quarter valued at about $25,000. Rothschild Investment LLC purchased a new position in shares of Vanguard Financials ETF in the 2nd quarter worth approximately $29,000. Brown Brothers Harriman & Co. boosted its holdings in shares of Vanguard Financials ETF by 45.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock worth $32,000 after purchasing an additional 90 shares during the period. Rosenberg Matthew Hamilton bought a new position in shares of Vanguard Financials ETF during the 2nd quarter valued at approximately $43,000. Finally, Larson Financial Group LLC raised its holdings in Vanguard Financials ETF by 350.0% during the 2nd quarter. Larson Financial Group LLC now owns 450 shares of the company’s stock valued at $45,000 after buying an additional 350 shares during the period.

Vanguard Financials ETF Company Profile

(Get Free Report)

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).

Further Reading

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