Praetorian Wealth Management Inc. Has $2.23 Million Position in Vanguard Financials ETF (NYSEARCA:VFH)

Praetorian Wealth Management Inc. raised its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 26.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,761 shares of the company’s stock after purchasing an additional 4,535 shares during the period. Praetorian Wealth Management Inc.’s holdings in Vanguard Financials ETF were worth $2,228,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wetzel Investment Advisors Inc. acquired a new position in shares of Vanguard Financials ETF in the fourth quarter valued at about $25,000. Scarborough Advisors LLC bought a new position in shares of Vanguard Financials ETF in the fourth quarter worth about $30,000. MCF Advisors LLC bought a new position in shares of Vanguard Financials ETF in the fourth quarter worth about $31,000. McGlone Suttner Wealth Management Inc. bought a new position in shares of Vanguard Financials ETF in the fourth quarter worth about $32,000. Finally, Pineridge Advisors LLC bought a new position in shares of Vanguard Financials ETF in the fourth quarter worth about $32,000.

Vanguard Financials ETF Stock Down 0.5 %

Shares of VFH stock traded down $0.52 on Friday, reaching $100.00. The company had a trading volume of 112,747 shares, compared to its average volume of 433,312. The stock has a market capitalization of $9.21 billion, a PE ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a one year low of $75.71 and a one year high of $103.05. The business’s 50-day moving average is $99.73 and its 200 day moving average is $96.77.

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).