Abound Wealth Management Raises Stake in Vanguard Financials ETF (NYSEARCA:VFH)

Abound Wealth Management boosted its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 379.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 235 shares of the company’s stock after buying an additional 186 shares during the quarter. Abound Wealth Management’s holdings in Vanguard Financials ETF were worth $28,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. 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. GAMMA Investing LLC acquired a new position in shares of Vanguard Financials ETF during the 3rd quarter worth about $54,000. Ashton Thomas Securities LLC purchased a new position in Vanguard Financials ETF in the 3rd quarter valued at about $54,000. McClarren Financial Advisors Inc. boosted its holdings in Vanguard Financials ETF by 256.3% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 709 shares of the company’s stock worth $77,000 after buying an additional 510 shares during the last quarter. Finally, Hara Capital LLC purchased a new stake in Vanguard Financials ETF during the 3rd quarter worth approximately $102,000.

Vanguard Financials ETF Stock Performance

Shares of NYSEARCA:VFH traded up $0.57 during trading on Monday, reaching $116.04. The stock had a trading volume of 589,072 shares, compared to its average volume of 517,521. The business has a fifty day moving average price of $120.95 and a 200-day moving average price of $112.34. Vanguard Financials ETF has a 1-year low of $90.02 and a 1-year high of $126.85. The stock has a market cap of $10.69 billion, a PE ratio of 14.43 and a beta of 0.96.

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).