Ropes Wealth Advisors LLC boosted its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 18.4% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,856 shares of the company’s stock after buying an additional 289 shares during the period. Ropes Wealth Advisors LLC’s holdings in Vanguard Financials ETF were worth $128,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently made changes to their positions in VFH. Millennium Management LLC acquired a new stake in Vanguard Financials ETF during the 4th quarter worth approximately $510,000. Pennsylvania Trust Co grew its stake in shares of Vanguard Financials ETF by 1.6% during the 1st quarter. Pennsylvania Trust Co now owns 21,281 shares of the company’s stock worth $5,792,000 after acquiring an additional 336 shares in the last quarter. Shine Investment Advisory Services Inc. grew its stake in shares of Vanguard Financials ETF by 4.4% during the 1st quarter. Shine Investment Advisory Services Inc. now owns 17,665 shares of the company’s stock worth $1,140,000 after acquiring an additional 748 shares in the last quarter. Madden Advisory Services Inc. grew its stake in shares of Vanguard Financials ETF by 0.7% during the 1st quarter. Madden Advisory Services Inc. now owns 49,196 shares of the company’s stock worth $3,175,000 after acquiring an additional 350 shares in the last quarter. Finally, Tompkins Financial Corp bought a new position in shares of Vanguard Financials ETF during the 1st quarter worth approximately $208,000.
Shares of VFH traded down $1.93 during mid-day trading on Wednesday, hitting $65.66. 10,327 shares of the company’s stock were exchanged, compared to its average volume of 647,472. Vanguard Financials ETF has a 52 week low of $55.16 and a 52 week high of $72.97. The stock has a 50-day moving average of $69.60.
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).
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