Tortoise Investment Management LLC Raises Stock Position in Vanguard Financials ETF (NYSEARCA:VFH)

Tortoise Investment Management LLC grew its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 26.5% during the fourth quarter, Holdings Channel reports. The firm owned 1,146 shares of the company’s stock after purchasing an additional 240 shares during the quarter. Tortoise Investment Management LLC’s holdings in Vanguard Financials ETF were worth $135,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of VFH. QRG Capital Management Inc. increased its stake in Vanguard Financials ETF by 6.4% during the third quarter. QRG Capital Management Inc. now owns 5,037 shares of the company’s stock worth $554,000 after purchasing an additional 303 shares during the period. CWA Asset Management Group LLC purchased a new stake in Vanguard Financials ETF during the third quarter worth about $467,000. Assetmark Inc. increased its stake in Vanguard Financials ETF by 66.0% during the third quarter. Assetmark Inc. now owns 2,381 shares of the company’s stock worth $262,000 after purchasing an additional 947 shares during the period. Tyler Stone Wealth Management increased its stake in Vanguard Financials ETF by 100.7% during the third quarter. Tyler Stone Wealth Management now owns 5,729 shares of the company’s stock worth $630,000 after purchasing an additional 2,875 shares during the period. Finally, Ashton Thomas Securities LLC purchased a new stake in Vanguard Financials ETF during the third quarter worth about $54,000.

Vanguard Financials ETF Stock Performance

VFH stock opened at $115.37 on Tuesday. The company’s 50 day moving average price is $122.76 and its 200 day moving average price is $118.19. Vanguard Financials ETF has a fifty-two week low of $95.67 and a fifty-two week high of $127.67. The firm has a market capitalization of $11.54 billion, a price-to-earnings 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).