Montag A & Associates Inc. Has $1.56 Million Stake in Vanguard Financials ETF $VFH

Montag A & Associates Inc. lifted its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 85.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,899 shares of the company’s stock after purchasing an additional 5,944 shares during the period. Montag A & Associates Inc.’s holdings in Vanguard Financials ETF were worth $1,558,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Jessup Wealth Management Inc acquired a new position in Vanguard Financials ETF in the 4th quarter valued at $27,000. Proathlete Wealth Management LLC lifted its holdings in shares of Vanguard Financials ETF by 2,775.0% during the fourth quarter. Proathlete Wealth Management LLC now owns 230 shares of the company’s stock worth $31,000 after buying an additional 222 shares in the last quarter. SHP Wealth Management acquired a new stake in shares of Vanguard Financials ETF during the fourth quarter worth $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Vanguard Financials ETF in the fourth quarter valued at about $39,000. Finally, Core Wealth Advisors LLC bought a new stake in shares of Vanguard Financials ETF in the fourth quarter valued at about $48,000. 61.65% of the stock is owned by institutional investors and hedge funds.

Vanguard Financials ETF Stock Performance

VFH stock opened at $134.50 on Thursday. Vanguard Financials ETF has a 52 week low of $116.67 and a 52 week high of $138.50. The company has a market capitalization of $13.03 billion, a PE ratio of 17.56 and a beta of 0.90. The company’s 50-day simple moving average is $129.23 and its 200 day simple moving average is $128.45.

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). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).