Vanguard Financials ETF (NYSEARCA:VFH) Stock Position Raised by Exchange Capital Management Inc.

Exchange Capital Management Inc. lifted its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 1.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 94,135 shares of the company’s stock after buying an additional 1,301 shares during the period. Vanguard Financials ETF comprises approximately 1.6% of Exchange Capital Management Inc.’s portfolio, making the stock its 14th biggest position. Exchange Capital Management Inc.’s holdings in Vanguard Financials ETF were worth $9,638,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Silver Oak Securities Incorporated grew its stake in Vanguard Financials ETF by 4.2% in the fourth quarter. Silver Oak Securities Incorporated now owns 2,844 shares of the company’s stock valued at $262,000 after purchasing an additional 115 shares in the last quarter. Panoramic Investment Advisors LLC grew its stake in Vanguard Financials ETF by 3.1% in the first quarter. Panoramic Investment Advisors LLC now owns 3,830 shares of the company’s stock valued at $392,000 after purchasing an additional 115 shares in the last quarter. Breakwater Capital Group grew its stake in Vanguard Financials ETF by 5.1% in the first quarter. Breakwater Capital Group now owns 2,677 shares of the company’s stock valued at $274,000 after purchasing an additional 131 shares in the last quarter. Cladis Investment Advisory LLC grew its stake in Vanguard Financials ETF by 1.1% in the fourth quarter. Cladis Investment Advisory LLC now owns 12,984 shares of the company’s stock valued at $1,198,000 after purchasing an additional 140 shares in the last quarter. Finally, Compass Ion Advisors LLC grew its stake in Vanguard Financials ETF by 4.9% in the first quarter. Compass Ion Advisors LLC now owns 3,746 shares of the company’s stock valued at $384,000 after purchasing an additional 174 shares in the last quarter.

Vanguard Financials ETF Stock Up 0.6 %

Shares of NYSEARCA:VFH traded up $0.56 on Tuesday, reaching $100.64. The company had a trading volume of 246,289 shares, compared to its average volume of 426,164. Vanguard Financials ETF has a twelve month low of $75.71 and a twelve month high of $103.05. The stock has a 50-day moving average price of $100.17 and a 200 day moving average price of $97.44. The stock has a market capitalization of $9.27 billion, a P/E ratio of 14.43 and a beta of 0.96.

Vanguard Financials ETF Company 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).