Wealthfront Advisers LLC Acquires 211,426 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Wealthfront Advisers LLC lifted its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 2,906.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 218,700 shares of the company’s stock after buying an additional 211,426 shares during the quarter. Wealthfront Advisers LLC’s holdings in Vanguard Financials ETF were worth $25,822,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of VFH. CWA Asset Management Group LLC bought a new stake in Vanguard Financials ETF during the 3rd quarter valued at $467,000. Assetmark Inc. raised its stake in Vanguard Financials ETF by 66.0% in the third quarter. Assetmark Inc. now owns 2,381 shares of the company’s stock valued at $262,000 after purchasing an additional 947 shares in the last quarter. Ashton Thomas Securities LLC purchased a new position in shares of Vanguard Financials ETF during the third quarter worth approximately $54,000. Venturi Wealth Management LLC raised its stake in shares of Vanguard Financials ETF by 15,482.8% during the third quarter. Venturi Wealth Management LLC now owns 4,519 shares of the company’s stock worth $497,000 after acquiring an additional 4,490 shares in the last quarter. Finally, Fountainhead AM LLC increased its stake in shares of Vanguard Financials ETF by 12.2% in the third quarter. Fountainhead AM LLC now owns 2,849 shares of the company’s stock worth $313,000 after buying an additional 309 shares during the period.

Vanguard Financials ETF Trading Down 0.7 %

Shares of VFH stock opened at $114.55 on Wednesday. The stock has a market cap of $11.46 billion, a PE ratio of 16.94 and a beta of 1.11. The company’s fifty day moving average price is $122.69 and its 200-day moving average price is $118.23. Vanguard Financials ETF has a 12 month low of $95.67 and a 12 month high of $127.67.

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).