Madison Investment Advisors LLC Acquires Shares of 18,066 Vanguard Financials ETF (NYSEARCA:VFH)

Madison Investment Advisors LLC acquired a new stake in Vanguard Financials ETF (NYSEARCA:VFH) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 18,066 shares of the company’s stock, valued at approximately $2,133,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Vanguard Financials ETF during the fourth quarter valued at approximately $26,000. Abound Wealth Management boosted 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 buying an additional 186 shares during the last quarter. Brown Brothers Harriman & Co. boosted 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 buying an additional 90 shares during the last quarter. Kestra Investment Management LLC purchased a new position in shares of Vanguard Financials ETF during the fourth quarter valued at approximately $35,000. Finally, Heck Capital Advisors LLC purchased a new position in shares of Vanguard Financials ETF during the fourth quarter valued at approximately $45,000.

Vanguard Financials ETF Stock Down 0.3 %

Shares of NYSEARCA:VFH opened at $119.02 on Friday. The stock has a market cap of $11.89 billion, a price-to-earnings ratio of 15.58 and a beta of 1.10. Vanguard Financials ETF has a 12-month low of $95.67 and a 12-month high of $127.67. The business’s 50 day moving average is $122.61 and its 200 day moving average is $118.55.

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).