Advisory Alpha LLC Invests $394,000 in Vanguard Financials ETF (NYSEARCA:VFH)

Advisory Alpha LLC purchased a new position in Vanguard Financials ETF (NYSEARCA:VFH) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 3,848 shares of the company’s stock, valued at approximately $394,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Silver Oak Securities Incorporated grew its stake in Vanguard Financials ETF by 4.2% in the fourth quarter. Silver Oak Securities Incorporated now owns 2,844 shares of the company’s stock worth $262,000 after purchasing an additional 115 shares in the last quarter. Panoramic Investment Advisors LLC lifted its holdings in Vanguard Financials ETF by 3.1% during the first quarter. Panoramic Investment Advisors LLC now owns 3,830 shares of the company’s stock worth $392,000 after buying an additional 115 shares during the period. Breakwater Capital Group lifted its holdings in Vanguard Financials ETF by 5.1% during the first quarter. Breakwater Capital Group now owns 2,677 shares of the company’s stock worth $274,000 after buying an additional 131 shares during the period. Cladis Investment Advisory LLC lifted its holdings in Vanguard Financials ETF by 1.1% during the fourth quarter. Cladis Investment Advisory LLC now owns 12,984 shares of the company’s stock worth $1,198,000 after buying an additional 140 shares during the period. Finally, Compass Ion Advisors LLC lifted its holdings in Vanguard Financials ETF by 4.9% during the first quarter. Compass Ion Advisors LLC now owns 3,746 shares of the company’s stock worth $384,000 after buying an additional 174 shares during the period.

Vanguard Financials ETF Trading Up 0.3 %

Shares of VFH traded up $0.27 during midday trading on Friday, hitting $103.00. 68,813 shares of the company’s stock traded hands, compared to its average volume of 412,922. Vanguard Financials ETF has a 1 year low of $75.71 and a 1 year high of $103.08. The firm’s fifty day moving average is $100.55 and its 200-day moving average is $97.90. The stock has a market capitalization of $9.49 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96.

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).