Vanguard Financials ETF (NYSEARCA:VFH) Hits New 1-Year High – Here’s What Happened

Vanguard Financials ETF (NYSEARCA:VFH) hit a new 52-week high during trading on Wednesday . The stock traded as high as $126.62 and last traded at $126.62, with a volume of 20341 shares trading hands. The stock had previously closed at $125.78.

Vanguard Financials ETF Price Performance

The firm has a fifty day moving average price of $115.33 and a 200 day moving average price of $107.65. The firm has a market capitalization of $11.65 billion, a PE ratio of 14.43 and a beta of 0.96.

Institutional Investors Weigh In On Vanguard Financials ETF

Hedge funds have recently bought and sold shares of the business. Family Firm Inc. purchased a new stake in Vanguard Financials ETF in the 2nd quarter worth about $25,000. Rothschild Investment LLC acquired a new position in shares of Vanguard Financials ETF during the 2nd quarter valued at about $29,000. Brown Brothers Harriman & Co. increased its holdings 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. Rosenberg Matthew Hamilton acquired a new position in shares of Vanguard Financials ETF during the 2nd quarter valued at about $43,000. Finally, Larson Financial Group LLC increased its holdings in shares of Vanguard Financials ETF by 350.0% during the 2nd quarter. Larson Financial Group LLC now owns 450 shares of the company’s stock valued at $45,000 after acquiring an additional 350 shares during the last quarter.

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).