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

Vanguard Financials ETF (NYSEARCA:VFH)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $127.06 and last traded at $126.72, with a volume of 230080 shares traded. The stock had previously closed at $125.45.

Vanguard Financials ETF Stock Performance

The firm’s 50-day simple moving average is $121.54 and its 200 day simple moving average is $114.23. The company has a market capitalization of $11.67 billion, a PE ratio of 14.43 and a beta of 0.96.

Institutional Investors Weigh In On Vanguard Financials ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vanguard Financials ETF in the fourth quarter valued at $26,000. Abound Wealth Management grew its holdings in Vanguard Financials ETF by 379.6% in the 4th quarter. Abound Wealth Management now owns 235 shares of the company’s stock valued at $28,000 after buying an additional 186 shares during the period. Brown Brothers Harriman & Co. increased its stake in shares of Vanguard Financials ETF by 45.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock valued at $32,000 after acquiring an additional 90 shares during the last quarter. Heck Capital Advisors LLC purchased a new position in shares of Vanguard Financials ETF during the 4th quarter worth about $45,000. Finally, Crews Bank & Trust acquired a new stake in shares of Vanguard Financials ETF in the fourth quarter worth approximately $56,000.

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).