Magnus Financial Group LLC Has $1.47 Million Stake in Vanguard Financials ETF (NYSEARCA:VFH)

Magnus Financial Group LLC lifted its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 8.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,443 shares of the company’s stock after purchasing an additional 937 shares during the quarter. Magnus Financial Group LLC’s holdings in Vanguard Financials ETF were worth $1,469,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of VFH. Daymark Wealth Partners LLC lifted its stake in Vanguard Financials ETF by 5.5% in the fourth quarter. Daymark Wealth Partners LLC now owns 3,519 shares of the company’s stock valued at $415,000 after buying an additional 183 shares in the last quarter. Global Trust Asset Management LLC acquired a new stake in shares of Vanguard Financials ETF during the fourth quarter worth $213,000. Sheets Smith Wealth Management bought a new stake in Vanguard Financials ETF in the 4th quarter valued at $249,000. Wall Street Financial Group Inc. boosted its stake in Vanguard Financials ETF by 8.5% in the 4th quarter. Wall Street Financial Group Inc. now owns 70,525 shares of the company’s stock worth $8,327,000 after purchasing an additional 5,531 shares during the period. Finally, Royal Fund Management LLC increased its holdings in Vanguard Financials ETF by 6.9% during the 4th quarter. Royal Fund Management LLC now owns 30,816 shares of the company’s stock worth $3,672,000 after purchasing an additional 1,982 shares in the last quarter.

Vanguard Financials ETF Price Performance

Shares of Vanguard Financials ETF stock opened at $123.59 on Wednesday. The firm has a market cap of $11.38 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. The stock’s 50-day moving average is $121.18 and its 200-day moving average is $113.18. Vanguard Financials ETF has a one year low of $92.53 and a one year high of $126.85.

Vanguard Financials ETF 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).