Vanguard Financials ETF (NYSEARCA:VFH) Hits New 12-Month High – Should You Buy?

Vanguard Financials ETF (NYSEARCA:VFH)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $127.29 and last traded at $127.29, with a volume of 266674 shares traded. The stock had previously closed at $126.28.

Vanguard Financials ETF Price Performance

The company has a 50-day moving average of $121.60 and a 200 day moving average of $114.94. The company has a market cap of $11.68 billion, a PE ratio of 14.43 and a beta of 0.96.

Hedge Funds Weigh In On Vanguard Financials ETF

Several large investors have recently modified their holdings of the stock. Comprehensive Financial Planning Inc. PA purchased a new position in Vanguard Financials ETF during the fourth quarter worth $26,000. Abound Wealth Management grew its stake in Vanguard Financials ETF by 379.6% in the fourth quarter. Abound Wealth Management now owns 235 shares of the company’s stock worth $28,000 after purchasing an additional 186 shares in the last quarter. Brown Brothers Harriman & Co. increased its holdings 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 purchasing an additional 90 shares during the period. Kestra Investment Management LLC bought a new stake in Vanguard Financials ETF during the 4th quarter valued at $35,000. Finally, Heck Capital Advisors LLC purchased a new stake in shares of Vanguard Financials ETF in the 4th quarter worth $45,000.

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).