Vanguard Financials ETF (NYSEARCA:VFH) Sets New 12-Month High – Should You Buy?

Vanguard Financials ETF (NYSEARCA:VFH) reached a new 52-week high during trading on Thursday . The stock traded as high as $123.31 and last traded at $123.16, with a volume of 75977 shares. The stock had previously closed at $121.74.

Vanguard Financials ETF Stock Up 1.5 %

The firm has a 50 day moving average of $114.03 and a 200 day moving average of $106.92. The firm has a market cap of $11.38 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96.

Institutional Trading of Vanguard Financials ETF

Hedge funds have recently bought and sold shares of the business. Brown Brothers Harriman & Co. raised its stake in shares of Vanguard Financials ETF by 45.0% in the third quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock valued at $32,000 after buying an additional 90 shares during the period. Kovack Advisors Inc. grew its position in shares of Vanguard Financials ETF by 2.7% in the third quarter. Kovack Advisors Inc. now owns 3,511 shares of the company’s stock valued at $386,000 after purchasing an additional 93 shares in the last quarter. Glass Jacobson Investment Advisors llc grew its position in shares of Vanguard Financials ETF by 8.8% in the second quarter. Glass Jacobson Investment Advisors llc now owns 1,230 shares of the company’s stock valued at $123,000 after purchasing an additional 100 shares in the last quarter. Private Wealth Advisors LLC grew its position in shares of Vanguard Financials ETF by 0.9% in the third quarter. Private Wealth Advisors LLC now owns 11,953 shares of the company’s stock valued at $1,305,000 after purchasing an additional 103 shares in the last quarter. Finally, Magnus Financial Group LLC grew its position in shares of Vanguard Financials ETF by 0.9% in the third quarter. Magnus Financial Group LLC now owns 11,506 shares of the company’s stock valued at $1,265,000 after purchasing an additional 104 shares in the last quarter.

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).