Vanguard Financials ETF (NYSEARCA:VFH) Reaches New 52-Week High at $102.60

Vanguard Financials ETF (NYSEARCA:VFH) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $102.60 and last traded at $102.39, with a volume of 306838 shares trading hands. The stock had previously closed at $101.93.

Vanguard Financials ETF Stock Performance

The firm has a market capitalization of $9.98 billion, a PE ratio of 12.10 and a beta of 1.09. The stock’s 50 day simple moving average is $96.99 and its two-hundred day simple moving average is $89.22.

Institutional Trading of Vanguard Financials ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. KCM Investment Advisors LLC lifted its holdings in shares of Vanguard Financials ETF by 3.1% in the 3rd quarter. KCM Investment Advisors LLC now owns 325,590 shares of the company’s stock worth $26,151,000 after acquiring an additional 9,762 shares during the last quarter. Westside Investment Management Inc. boosted its position in shares of Vanguard Financials ETF by 6.6% in the 4th quarter. Westside Investment Management Inc. now owns 7,310 shares of the company’s stock valued at $674,000 after purchasing an additional 450 shares during the period. Synovus Financial Corp increased its position in Vanguard Financials ETF by 3.1% during the third quarter. Synovus Financial Corp now owns 224,943 shares of the company’s stock worth $18,077,000 after buying an additional 6,722 shares during the period. Avantax Advisory Services Inc. lifted its stake in Vanguard Financials ETF by 20.3% in the third quarter. Avantax Advisory Services Inc. now owns 160,716 shares of the company’s stock valued at $12,909,000 after buying an additional 27,144 shares during the last quarter. Finally, Atria Investments Inc acquired a new stake in shares of Vanguard Financials ETF in the third quarter valued at approximately $6,669,000.

About Vanguard Financials ETF

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).