Vanguard Financials ETF (NYSEARCA:VFH) Shares Purchased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC boosted its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,842 shares of the company’s stock after acquiring an additional 178 shares during the period. Cornerstone Wealth Management LLC’s holdings in Vanguard Financials ETF were worth $926,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in VFH. Synovus Financial Corp raised its holdings in Vanguard Financials ETF by 97.8% in the third quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock valued at $48,714,000 after acquiring an additional 219,120 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in Vanguard Financials ETF during the second quarter valued at $10,902,000. EWG Elevate Inc. bought a new stake in Vanguard Financials ETF during the fourth quarter valued at $12,919,000. Barclays PLC increased its stake in Vanguard Financials ETF by 11,076.1% during the third quarter. Barclays PLC now owns 98,350 shares of the company’s stock valued at $10,810,000 after purchasing an additional 97,470 shares during the last quarter. Finally, Strategic Wealth Partners Ltd. bought a new stake in Vanguard Financials ETF during the third quarter valued at $8,169,000.

Vanguard Financials ETF Price Performance

VFH stock opened at $124.43 on Friday. Vanguard Financials ETF has a 1-year low of $92.53 and a 1-year high of $126.85. The firm has a fifty day moving average price of $121.34 and a two-hundred day moving average price of $113.66. The firm has a market cap of $11.46 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96.

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).