North Forty Two & Co. Invests $3.91 Million in Vanguard Financials ETF (NYSEARCA:VFH)

North Forty Two & Co. acquired a new position in Vanguard Financials ETF (NYSEARCA:VFH) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 33,097 shares of the company’s stock, valued at approximately $3,908,000. Vanguard Financials ETF comprises approximately 4.5% of North Forty Two & Co.’s holdings, making the stock its 3rd largest position.

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

Vanguard Financials ETF Price Performance

Shares of VFH opened at $117.96 on Wednesday. The stock has a 50-day moving average of $122.50 and a 200-day moving average of $118.48. The company has a market cap of $11.79 billion, a PE ratio of 15.58 and a beta of 1.10. Vanguard Financials ETF has a one year low of $95.67 and a one year high of $127.67.

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).