Carnegie Investment Counsel Takes $209,000 Position in Vanguard Financials ETF (NYSEARCA:VFH)

Carnegie Investment Counsel bought a new stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,771 shares of the company’s stock, valued at approximately $209,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Abound Wealth Management boosted its holdings in Vanguard Financials ETF by 379.6% in the 4th quarter. Abound Wealth Management now owns 235 shares of the company’s stock worth $28,000 after buying an additional 186 shares during the last quarter. Brown Brothers Harriman & Co. boosted its stake in shares of Vanguard Financials ETF by 45.0% in the third quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock worth $32,000 after acquiring an additional 90 shares during the last quarter. Ashton Thomas Securities LLC purchased a new stake in shares of Vanguard Financials ETF during the third quarter worth approximately $54,000. GAMMA Investing LLC purchased a new stake in shares of Vanguard Financials ETF during the third quarter worth approximately $54,000. Finally, Tsfg LLC acquired a new position in Vanguard Financials ETF in the 4th quarter valued at $68,000.

Vanguard Financials ETF Stock Up 0.9 %

Shares of VFH opened at $122.80 on Monday. Vanguard Financials ETF has a 52-week low of $90.03 and a 52-week high of $126.85. The stock has a market cap of $11.31 billion, a PE ratio of 14.43 and a beta of 0.96. The firm’s fifty day moving average is $121.18 and its two-hundred day moving average is $113.03.

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).