NewFocus Financial Group LLC lifted its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 10.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,329 shares of the company’s stock after purchasing an additional 1,084 shares during the period. NewFocus Financial Group LLC’s holdings in Vanguard Financials ETF were worth $782,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Reilly Financial Advisors LLC lifted its stake in shares of Vanguard Financials ETF by 41.8% in the 2nd quarter. Reilly Financial Advisors LLC now owns 567 shares of the company’s stock valued at $39,000 after purchasing an additional 167 shares during the last quarter. Advisory Alpha LLC bought a new position in Vanguard Financials ETF in the 1st quarter worth $47,000. Bessemer Group Inc. bought a new position in Vanguard Financials ETF in the 2nd quarter worth $52,000. JJJ Advisors Inc. bought a new position in Vanguard Financials ETF in the 2nd quarter worth $55,000. Finally, Cable Hill Partners LLC raised its holdings in Vanguard Financials ETF by 51.8% in the 1st quarter. Cable Hill Partners LLC now owns 835 shares of the company’s stock worth $54,000 after acquiring an additional 285 shares during the period.
Shares of VFH opened at $69.27 on Friday. Vanguard Financials ETF has a one year low of $55.16 and a one year high of $72.97. The stock has a fifty day moving average price of $69.67.
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).
See Also: How to trade on quiet period expirations
Receive News & Ratings for Vanguard Financials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Financials ETF and related companies with MarketBeat.com's FREE daily email newsletter.