Valeo Financial Advisors LLC Buys New Stake in Vanguard Financials ETF $VFH

Valeo Financial Advisors LLC purchased a new stake in Vanguard Financials ETF (NYSEARCA:VFH) during the second quarter, according to its most recent filing with the SEC. The fund purchased 6,725 shares of the company’s stock, valued at approximately $856,000.

Several other hedge funds and other institutional investors have also made changes to their positions in VFH. Atlantic Union Bankshares Corp bought a new position in Vanguard Financials ETF during the second quarter valued at approximately $101,000. AE Wealth Management LLC raised its holdings in shares of Vanguard Financials ETF by 7.5% during the 2nd quarter. AE Wealth Management LLC now owns 64,093 shares of the company’s stock worth $8,159,000 after acquiring an additional 4,484 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Vanguard Financials ETF by 2.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,229 shares of the company’s stock valued at $538,000 after acquiring an additional 102 shares during the last quarter. 17 Capital Partners LLC boosted its position in shares of Vanguard Financials ETF by 13.7% during the 2nd quarter. 17 Capital Partners LLC now owns 8,888 shares of the company’s stock valued at $1,131,000 after acquiring an additional 1,073 shares during the last quarter. Finally, MGO One Seven LLC purchased a new position in shares of Vanguard Financials ETF in the second quarter valued at $330,000. Institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Performance

Shares of VFH opened at $132.88 on Thursday. The stock has a market capitalization of $13.31 billion, a PE ratio of 17.56 and a beta of 1.02. The company’s fifty day moving average is $128.94 and its 200 day moving average is $128.49. Vanguard Financials ETF has a fifty-two week low of $100.87 and a fifty-two week high of $135.27.

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).