Valmark Advisers Inc. Has $972,000 Stock Position in Vanguard Financials ETF (NYSEARCA:VFH)

Valmark Advisers Inc. raised its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 10.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,230 shares of the company’s stock after purchasing an additional 783 shares during the quarter. Valmark Advisers Inc.’s holdings in Vanguard Financials ETF were worth $972,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vanguard Financials ETF in the fourth quarter worth approximately $26,000. Abound Wealth Management increased its position in shares of Vanguard Financials ETF by 379.6% during the fourth quarter. Abound Wealth Management now owns 235 shares of the company’s stock valued at $28,000 after acquiring an additional 186 shares during the last quarter. Brown Brothers Harriman & Co. increased its position in shares of Vanguard Financials ETF by 45.0% during the third quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock valued at $32,000 after acquiring an additional 90 shares during the last quarter. Heck Capital Advisors LLC purchased a new stake in shares of Vanguard Financials ETF during the fourth quarter valued at approximately $45,000. Finally, Crews Bank & Trust purchased a new stake in shares of Vanguard Financials ETF during the fourth quarter valued at approximately $56,000.

Vanguard Financials ETF Trading Up 0.1 %

Shares of VFH opened at $126.48 on Tuesday. The company has a market capitalization of $11.65 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. The stock has a 50 day moving average of $121.80 and a 200 day moving average of $116.02. Vanguard Financials ETF has a 12 month low of $95.26 and a 12 month high of $127.67.

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).