Hopwood Financial Services Inc. Acquires New Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Hopwood Financial Services Inc. purchased a new position in Vanguard Financials ETF (NYSEARCA:VFH) during the 4th quarter, Holdings Channel reports. The fund purchased 9,311 shares of the company’s stock, valued at approximately $1,099,000. Vanguard Financials ETF comprises 0.8% of Hopwood Financial Services Inc.’s holdings, making the stock its 22nd largest holding.

Several other institutional investors have also added to or reduced their stakes in VFH. Comprehensive Financial Planning Inc. PA bought a new stake in shares of Vanguard Financials ETF during the 4th quarter valued at $26,000. Abound Wealth Management grew its stake in Vanguard Financials ETF by 379.6% during the fourth quarter. Abound Wealth Management now owns 235 shares of the company’s stock valued at $28,000 after acquiring an additional 186 shares in the last quarter. Brown Brothers Harriman & Co. grew its stake in shares of Vanguard Financials ETF by 45.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock worth $32,000 after buying an additional 90 shares in the last quarter. Kestra Investment Management LLC purchased a new position in shares of Vanguard Financials ETF in the 4th quarter worth $35,000. Finally, Heck Capital Advisors LLC purchased a new position in shares of Vanguard Financials ETF in the 4th quarter worth $45,000.

Vanguard Financials ETF Stock Down 0.7 %

Shares of NYSEARCA:VFH opened at $114.55 on Wednesday. Vanguard Financials ETF has a 52 week low of $95.67 and a 52 week high of $127.67. The firm has a fifty day simple moving average of $122.69 and a two-hundred day simple moving average of $118.23. The stock has a market capitalization of $11.46 billion, a P/E ratio of 16.94 and a beta of 1.11.

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).