Waverly Advisors LLC Buys 4,795 Shares of Vanguard Financials ETF $VFH

Waverly Advisors LLC grew its position in Vanguard Financials ETF (NYSEARCA:VFH) by 16.2% in the second quarter, Holdings Channel.com reports. The fund owned 34,450 shares of the company’s stock after buying an additional 4,795 shares during the period. Waverly Advisors LLC’s holdings in Vanguard Financials ETF were worth $4,534,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of VFH. Jessup Wealth Management Inc acquired a new position in shares of Vanguard Financials ETF in the 4th quarter valued at $27,000. Continuum Advisory LLC acquired a new stake in shares of Vanguard Financials ETF during the 2nd quarter worth about $35,000. SHP Wealth Management acquired a new stake in shares of Vanguard Financials ETF during the 4th quarter worth about $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Vanguard Financials ETF during the 4th quarter valued at about $39,000. Finally, Evergreen Advisors LLC acquired a new position in Vanguard Financials ETF in the first quarter valued at about $42,000. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Performance

Shares of VFH opened at $138.91 on Friday. The company has a market cap of $13.45 billion, a price-to-earnings ratio of 17.56 and a beta of 0.89. The stock has a fifty day moving average price of $139.78 and a two-hundred day moving average price of $130.94. Vanguard Financials ETF has a 52-week low of $116.67 and a 52-week high of $143.20.

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).