Lido Advisors LLC Grows Position in Vanguard Financials ETF $VFH

Lido Advisors LLC raised its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 3.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 333,523 shares of the company’s stock after acquiring an additional 12,658 shares during the quarter. Lido Advisors LLC owned 0.33% of Vanguard Financials ETF worth $40,293,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Jessup Wealth Management Inc purchased a new position in shares of Vanguard Financials ETF in the 4th quarter valued at about $27,000. Proathlete Wealth Management LLC lifted its stake in shares of Vanguard Financials ETF by 2,775.0% in the fourth quarter. Proathlete Wealth Management LLC now owns 230 shares of the company’s stock valued at $31,000 after purchasing an additional 222 shares during the period. SHP Wealth Management purchased a new stake in Vanguard Financials ETF during the fourth quarter worth about $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Vanguard Financials ETF during the fourth quarter worth about $39,000. Finally, Evergreen Advisors LLC acquired a new position in Vanguard Financials ETF during the first quarter worth about $42,000. 61.65% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Financials ETF Trading Down 0.2%

Shares of VFH opened at $137.16 on Thursday. Vanguard Financials ETF has a twelve month low of $116.67 and a twelve month high of $139.50. The firm has a market capitalization of $13.28 billion, a P/E ratio of 17.56 and a beta of 0.90. The firm’s 50-day moving average is $131.36 and its two-hundred day moving average is $128.63.

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). 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).