Joule Financial LLC Boosts Stake in Vanguard Financials ETF (NYSEARCA:VFH)

Joule Financial LLC grew its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 3.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,044 shares of the company’s stock after buying an additional 929 shares during the quarter. Vanguard Financials ETF accounts for approximately 1.0% of Joule Financial LLC’s investment portfolio, making the stock its 13th biggest holding. Joule Financial LLC’s holdings in Vanguard Financials ETF were worth $2,957,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brown Brothers Harriman & Co. lifted its position in shares of Vanguard Financials ETF by 45.0% during the third quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock worth $32,000 after acquiring an additional 90 shares in the last quarter. Kovack Advisors Inc. raised its stake in shares of Vanguard Financials ETF by 2.7% during the 3rd quarter. Kovack Advisors Inc. now owns 3,511 shares of the company’s stock valued at $386,000 after purchasing an additional 93 shares during the period. Private Wealth Advisors LLC lifted its holdings in Vanguard Financials ETF by 0.9% during the 3rd quarter. Private Wealth Advisors LLC now owns 11,953 shares of the company’s stock worth $1,305,000 after purchasing an additional 103 shares in the last quarter. Magnus Financial Group LLC boosted its stake in Vanguard Financials ETF by 0.9% in the 3rd quarter. Magnus Financial Group LLC now owns 11,506 shares of the company’s stock worth $1,265,000 after purchasing an additional 104 shares during the period. Finally, Capital Square LLC grew its holdings in Vanguard Financials ETF by 4.6% during the 3rd quarter. Capital Square LLC now owns 2,622 shares of the company’s stock valued at $288,000 after buying an additional 115 shares in the last quarter.

Vanguard Financials ETF Trading Up 0.9 %

Shares of NYSEARCA:VFH opened at $122.80 on Friday. Vanguard Financials ETF has a 12 month low of $90.03 and a 12 month high of $126.85. The stock has a market cap of $11.31 billion, a P/E ratio of 14.43 and a beta of 0.96. The company has a 50 day moving average of $121.18 and a 200 day moving average of $112.94.

About Vanguard Financials ETF

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).