Vanguard Financials ETF (NYSEARCA:VFH) Shares Acquired by Royal Fund Management LLC

Royal Fund Management LLC raised its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 13.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 13,051 shares of the company’s stock after buying an additional 1,568 shares during the quarter. Royal Fund Management LLC’s holdings in Vanguard Financials ETF were worth $1,207,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wetzel Investment Advisors Inc. acquired a new position in Vanguard Financials ETF in the fourth quarter valued at approximately $25,000. MCF Advisors LLC acquired a new position in shares of Vanguard Financials ETF during the fourth quarter worth approximately $31,000. McGlone Suttner Wealth Management Inc. acquired a new position in shares of Vanguard Financials ETF during the fourth quarter worth approximately $32,000. Bfsg LLC acquired a new position in shares of Vanguard Financials ETF during the fourth quarter worth approximately $39,000. Finally, Balentine LLC acquired a new position in shares of Vanguard Financials ETF during the third quarter worth approximately $49,000.

Vanguard Financials ETF Price Performance

Shares of NYSEARCA VFH traded up $0.33 during midday trading on Friday, hitting $98.70. 202,566 shares of the company’s stock were exchanged, compared to its average volume of 501,582. The stock’s 50 day moving average price is $99.21 and its 200-day moving average price is $92.36. The firm has a market cap of $9.09 billion, a P/E ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a twelve month low of $73.87 and a twelve month high of $102.60.

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).