Pinion Investment Advisors LLC Acquires New Stake in Vanguard Financials ETF (NYSEARCA:VFH)

Pinion Investment Advisors LLC purchased a new stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 6,464 shares of the company’s stock, valued at approximately $763,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Transcend Capital Advisors LLC lifted its holdings in shares of Vanguard Financials ETF by 0.5% during the fourth quarter. Transcend Capital Advisors LLC now owns 18,148 shares of the company’s stock valued at $2,143,000 after purchasing an additional 86 shares during the last quarter. Brown Brothers Harriman & Co. boosted its position in Vanguard Financials ETF by 45.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock worth $32,000 after acquiring an additional 90 shares during the period. Kovack Advisors Inc. grew its stake in Vanguard Financials ETF by 2.7% during the 3rd quarter. Kovack Advisors Inc. now owns 3,511 shares of the company’s stock valued at $386,000 after acquiring an additional 93 shares in the last quarter. Private Wealth Advisors LLC grew its stake in Vanguard Financials ETF by 0.9% during the 3rd quarter. Private Wealth Advisors LLC now owns 11,953 shares of the company’s stock valued at $1,305,000 after acquiring an additional 103 shares in the last quarter. Finally, Consolidated Portfolio Review Corp increased its holdings in shares of Vanguard Financials ETF by 1.0% in the 4th quarter. Consolidated Portfolio Review Corp now owns 10,287 shares of the company’s stock valued at $1,215,000 after purchasing an additional 104 shares during the period.

Vanguard Financials ETF Stock Performance

Vanguard Financials ETF stock opened at $124.89 on Tuesday. Vanguard Financials ETF has a twelve month low of $95.67 and a twelve month high of $127.67. The firm’s 50 day moving average price is $122.81 and its two-hundred day moving average price is $117.75. The firm has a market cap of $12.49 billion, a PE ratio of 16.94 and a beta of 1.11.

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).