Mainstream Capital Management LLC Invests $489,000 in Vanguard Financials ETF (NYSEARCA:VFH)

Mainstream Capital Management LLC bought a new position in Vanguard Financials ETF (NYSEARCA:VFH) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 4,445 shares of the company’s stock, valued at approximately $489,000.

A number of other hedge funds have also bought and sold shares of VFH. Cetera Investment Advisers raised its position in Vanguard Financials ETF by 702.9% in the 1st quarter. Cetera Investment Advisers now owns 390,808 shares of the company’s stock worth $40,015,000 after buying an additional 342,131 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Vanguard Financials ETF during the 2nd quarter valued at about $10,902,000. Bordeaux Wealth Advisors LLC bought a new stake in shares of Vanguard Financials ETF during the 2nd quarter valued at about $10,745,000. Cetera Advisor Networks LLC grew its stake in shares of Vanguard Financials ETF by 67.8% during the 1st quarter. Cetera Advisor Networks LLC now owns 237,457 shares of the company’s stock valued at $24,313,000 after purchasing an additional 95,980 shares during the period. Finally, Cetera Advisors LLC grew its stake in shares of Vanguard Financials ETF by 821.7% during the 1st quarter. Cetera Advisors LLC now owns 101,777 shares of the company’s stock valued at $10,421,000 after purchasing an additional 90,735 shares during the period.

Vanguard Financials ETF Stock Down 1.7 %

Vanguard Financials ETF stock opened at $119.48 on Friday. The business has a 50-day simple moving average of $111.65 and a two-hundred day simple moving average of $105.42. The company has a market cap of $11.01 billion, a P/E ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a 52-week low of $80.78 and a 52-week high of $121.75.

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).