BBR Partners LLC Makes New Investment in Vanguard Financials ETF $VFH

BBR Partners LLC purchased a new stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 9,159 shares of the company’s stock, valued at approximately $1,202,000.

Several other hedge funds and other institutional investors have also made changes to their positions in VFH. Steigerwald Gordon & Koch Inc. bought a new position in Vanguard Financials ETF in the 3rd quarter worth approximately $27,000. JDM Financial Group LLC acquired a new position in Vanguard Financials ETF during the 3rd quarter worth $31,000. First Horizon Corp bought a new position in shares of Vanguard Financials ETF in the third quarter worth $37,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Vanguard Financials ETF in the third quarter worth $46,000. Finally, Tripletail Wealth Management LLC acquired a new position in shares of Vanguard Financials ETF during the third quarter valued at $48,000. 61.65% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Financials ETF Stock Up 0.9%

Shares of NYSEARCA VFH opened at $127.99 on Wednesday. The stock has a market cap of $12.84 billion, a P/E ratio of 17.56 and a beta of 1.02. The firm’s 50-day simple moving average is $132.78 and its 200 day simple moving average is $130.54. Vanguard Financials ETF has a fifty-two week low of $100.87 and a fifty-two week high of $137.89.

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). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).