Exchange Capital Management Inc. Buys 433 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Exchange Capital Management Inc. raised its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 0.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 97,960 shares of the company’s stock after buying an additional 433 shares during the period. Vanguard Financials ETF comprises about 1.8% of Exchange Capital Management Inc.’s investment portfolio, making the stock its 10th biggest holding. Exchange Capital Management Inc. owned 0.11% of Vanguard Financials ETF worth $11,566,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. US Bancorp DE boosted its position in Vanguard Financials ETF by 3.5% during the third quarter. US Bancorp DE now owns 6,316 shares of the company’s stock valued at $694,000 after purchasing an additional 212 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Financials ETF by 4.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 924,677 shares of the company’s stock valued at $101,631,000 after buying an additional 41,153 shares during the last quarter. Kingsview Wealth Management LLC acquired a new stake in shares of Vanguard Financials ETF during the 4th quarter valued at about $209,000. Prospera Financial Services Inc lifted its holdings in shares of Vanguard Financials ETF by 7.2% during the 3rd quarter. Prospera Financial Services Inc now owns 6,488 shares of the company’s stock valued at $713,000 after buying an additional 437 shares during the last quarter. Finally, Avior Wealth Management LLC lifted its holdings in shares of Vanguard Financials ETF by 190.7% during the 3rd quarter. Avior Wealth Management LLC now owns 1,930 shares of the company’s stock valued at $212,000 after buying an additional 1,266 shares during the last quarter.

Vanguard Financials ETF Price Performance

Shares of Vanguard Financials ETF stock opened at $123.49 on Tuesday. The firm has a market cap of $12.35 billion, a price-to-earnings ratio of 16.94 and a beta of 1.11. Vanguard Financials ETF has a 52-week low of $95.67 and a 52-week high of $127.67. The stock has a 50-day simple moving average of $122.16 and a 200-day simple moving average of $116.87.

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).