Bridge Creek Capital Management LLC Makes New $223,000 Investment in Vanguard Financials ETF (NYSEARCA:VFH)

Bridge Creek Capital Management LLC bought a new position in shares of Vanguard Financials ETF (NYSEARCA:VFH) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 1,889 shares of the company’s stock, valued at approximately $223,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of VFH. Bank of New York Mellon Corp raised its stake in shares of Vanguard Financials ETF by 13.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 5,982 shares of the company’s stock valued at $597,000 after purchasing an additional 721 shares during the period. Wedbush Securities Inc. raised its stake in shares of Vanguard Financials ETF by 4.7% in the 2nd quarter. Wedbush Securities Inc. now owns 2,680 shares of the company’s stock valued at $268,000 after purchasing an additional 120 shares during the period. LPL Financial LLC raised its stake in shares of Vanguard Financials ETF by 9.1% in the 2nd quarter. LPL Financial LLC now owns 652,973 shares of the company’s stock valued at $65,219,000 after purchasing an additional 54,206 shares during the period. Oppenheimer & Co. Inc. raised its stake in shares of Vanguard Financials ETF by 20.0% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 25,511 shares of the company’s stock valued at $2,548,000 after purchasing an additional 4,256 shares during the period. Finally, Citizens Financial Group Inc. RI raised its stake in shares of Vanguard Financials ETF by 8.4% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 6,419 shares of the company’s stock valued at $644,000 after purchasing an additional 500 shares during the period.

Vanguard Financials ETF Price Performance

Shares of VFH traded up $0.42 during midday trading on Monday, hitting $115.89. The stock had a trading volume of 419,029 shares, compared to its average volume of 496,702. The company has a 50 day simple moving average of $120.95 and a two-hundred day simple moving average of $112.34. The firm has a market cap of $10.67 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a twelve month low of $90.02 and a twelve month high of $126.85.

Vanguard Financials ETF Company 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).