Elm Partners Management LLC Raises Position in Vanguard Financials ETF $VFH

Elm Partners Management LLC boosted its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 81.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,784 shares of the company’s stock after buying an additional 16,959 shares during the quarter. Elm Partners Management LLC’s holdings in Vanguard Financials ETF were worth $5,044,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Proathlete Wealth Management LLC lifted its stake in Vanguard Financials ETF by 2,775.0% in the 4th quarter. Proathlete Wealth Management LLC now owns 230 shares of the company’s stock valued at $31,000 after buying an additional 222 shares in the last quarter. Core Wealth Advisors LLC purchased a new position in Vanguard Financials ETF in the 4th quarter valued at about $48,000. Hazlett Burt & Watson Inc. lifted its stake in Vanguard Financials ETF by 214.1% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 446 shares of the company’s stock valued at $60,000 after buying an additional 304 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Vanguard Financials ETF by 82.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 459 shares of the company’s stock valued at $60,000 after buying an additional 207 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC purchased a new position in Vanguard Financials ETF in the 3rd quarter worth approximately $75,000. 61.65% of the stock is owned by hedge funds and other institutional investors.

Vanguard Financials ETF Price Performance

VFH opened at $126.66 on Monday. The company’s 50 day simple moving average is $125.08 and its two-hundred day simple moving average is $128.14. Vanguard Financials ETF has a 1-year low of $116.67 and a 1-year high of $137.89. The firm has a market capitalization of $12.87 billion, a price-to-earnings ratio of 17.56 and a beta of 0.92.

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). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).