Rehmann Capital Advisory Group Buys New Stake in Vanguard Financials ETF (NYSEARCA:VFH)

Rehmann Capital Advisory Group bought a new stake in Vanguard Financials ETF (NYSEARCA:VFH) during the 1st quarter, HoldingsChannel reports. The fund bought 2,521 shares of the company’s stock, valued at approximately $258,000.

Several other large investors have also recently added to or reduced their stakes in the business. Morgan Stanley boosted its stake in Vanguard Financials ETF by 2.8% during the 3rd quarter. Morgan Stanley now owns 2,680,449 shares of the company’s stock valued at $215,294,000 after purchasing an additional 72,473 shares in the last quarter. Beacon Capital Management Inc. boosted its stake in Vanguard Financials ETF by 206.2% during the 1st quarter. Beacon Capital Management Inc. now owns 1,671,708 shares of the company’s stock valued at $169,729,000 after purchasing an additional 1,125,795 shares in the last quarter. Morningstar Investment Services LLC boosted its stake in shares of Vanguard Financials ETF by 62.1% during the 4th quarter. Morningstar Investment Services LLC now owns 818,619 shares of the company’s stock worth $75,861,000 after acquiring an additional 313,649 shares in the last quarter. Advisors Preferred LLC bought a new stake in shares of Vanguard Financials ETF during the 4th quarter worth $59,548,000. Finally, Ameriprise Financial Inc. boosted its stake in shares of Vanguard Financials ETF by 5.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 519,967 shares of the company’s stock worth $41,538,000 after acquiring an additional 26,424 shares in the last quarter.

Vanguard Financials ETF Price Performance

Shares of VFH traded up $0.32 during trading hours on Wednesday, hitting $101.33. 109,720 shares of the company were exchanged, compared to its average volume of 416,592. The company has a market capitalization of $9.33 billion, a PE ratio of 14.43 and a beta of 0.96. The firm has a fifty day simple moving average of $100.31 and a 200-day simple moving average of $97.77. Vanguard Financials ETF has a one year low of $75.71 and a one year high of $103.05.

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).