Vanguard Financials ETF (NYSEARCA:VFH) Shares Purchased by Exchange Capital Management Inc.

Exchange Capital Management Inc. increased its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 0.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 97,960 shares of the company’s stock after purchasing an additional 433 shares during the quarter. Vanguard Financials ETF makes up 1.8% of Exchange Capital Management Inc.’s investment portfolio, making the stock its 10th largest holding. Exchange Capital Management Inc.’s holdings in Vanguard Financials ETF were worth $11,566,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp lifted its holdings in Vanguard Financials ETF by 12.1% in the 4th quarter. Bank of New York Mellon Corp now owns 13,354 shares of the company’s stock worth $1,577,000 after purchasing an additional 1,444 shares during the last quarter. IFP Advisors Inc lifted its holdings in Vanguard Financials ETF by 11.6% in the 4th quarter. IFP Advisors Inc now owns 2,165 shares of the company’s stock worth $256,000 after purchasing an additional 225 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in Vanguard Financials ETF in the 4th quarter worth approximately $816,000. Birchcreek Wealth Management LLC lifted its holdings in shares of Vanguard Financials ETF by 9.7% during the fourth quarter. Birchcreek Wealth Management LLC now owns 6,543 shares of the company’s stock worth $773,000 after buying an additional 577 shares during the last quarter. Finally, World Equity Group Inc. acquired a new position in shares of Vanguard Financials ETF during the fourth quarter worth approximately $4,119,000.

Vanguard Financials ETF Stock Up 0.2 %

Shares of VFH stock opened at $123.49 on Tuesday. Vanguard Financials ETF has a 12 month low of $95.67 and a 12 month high of $127.67. The firm has a market cap of $12.35 billion, a PE ratio of 16.94 and a beta of 1.11. The stock has a 50 day moving average of $122.16 and a 200-day moving average of $116.87.

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).