Davis R M Inc. Acquires New Position in Vanguard Financials ETF (NYSEARCA:VFH)

Davis R M Inc. acquired a new stake in Vanguard Financials ETF (NYSEARCA:VFH) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,752 shares of the company’s stock, valued at approximately $207,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Assetmark Inc. grew its stake in shares of Vanguard Financials ETF by 66.0% during the third quarter. Assetmark Inc. now owns 2,381 shares of the company’s stock worth $262,000 after buying an additional 947 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of Vanguard Financials ETF during the third quarter worth $54,000. Venturi Wealth Management LLC grew its stake in shares of Vanguard Financials ETF by 15,482.8% during the third quarter. Venturi Wealth Management LLC now owns 4,519 shares of the company’s stock worth $497,000 after buying an additional 4,490 shares during the last quarter. First Heartland Consultants Inc. bought a new stake in shares of Vanguard Financials ETF during the third quarter worth $217,000. Finally, Kovack Advisors Inc. grew its stake in shares of Vanguard Financials ETF by 2.7% during the third quarter. Kovack Advisors Inc. now owns 3,511 shares of the company’s stock worth $386,000 after buying an additional 93 shares during the last quarter.

Vanguard Financials ETF Stock Performance

NYSEARCA VFH opened at $114.89 on Thursday. The firm’s fifty day moving average price is $122.63 and its two-hundred day moving average price is $118.21. The stock has a market cap of $11.49 billion, a PE ratio of 16.94 and a beta of 1.11. Vanguard Financials ETF has a fifty-two week low of $95.67 and a fifty-two week high of $127.67.

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).