Ibex Wealth Advisors Buys Shares of 4,300 Vanguard Financials ETF $VFH

Ibex Wealth Advisors purchased a new stake in Vanguard Financials ETF (NYSEARCA:VFH) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 4,300 shares of the company’s stock, valued at approximately $519,000.

Several other hedge funds have also recently modified their holdings of VFH. Kestra Advisory Services LLC boosted its stake in shares of Vanguard Financials ETF by 68.7% during the first quarter. Kestra Advisory Services LLC now owns 90,471 shares of the company’s stock valued at $10,930,000 after purchasing an additional 36,831 shares in the last quarter. Money Concepts Capital Corp increased its holdings in Vanguard Financials ETF by 51.8% during the first quarter. Money Concepts Capital Corp now owns 2,641 shares of the company’s stock valued at $319,000 after buying an additional 901 shares during the period. Montag A & Associates Inc. raised its stake in Vanguard Financials ETF by 85.5% in the first quarter. Montag A & Associates Inc. now owns 12,899 shares of the company’s stock worth $1,558,000 after buying an additional 5,944 shares in the last quarter. Fischer Financial Services Inc. raised its stake in Vanguard Financials ETF by 2.5% in the first quarter. Fischer Financial Services Inc. now owns 9,998 shares of the company’s stock worth $1,208,000 after buying an additional 240 shares in the last quarter. Finally, Kathmere Capital Management LLC purchased a new stake in Vanguard Financials ETF during the first quarter worth $569,000. Hedge funds and other institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Trading Up 0.3%

Shares of NYSEARCA VFH opened at $136.45 on Friday. The stock has a market capitalization of $13.22 billion, a PE ratio of 17.56 and a beta of 0.90. The stock’s fifty day simple moving average is $129.57 and its two-hundred day simple moving average is $128.52. Vanguard Financials ETF has a 12-month low of $116.67 and a 12-month high of $138.50.

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). 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).