Mystic Asset Management Inc. Invests $647,000 in Vanguard Financials ETF (NYSEARCA:VFH)

Mystic Asset Management Inc. bought a new position in shares of Vanguard Financials ETF (NYSEARCA:VFH) during the 4th quarter, HoldingsChannel reports. The fund bought 5,483 shares of the company’s stock, valued at approximately $647,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Axxcess Wealth Management LLC acquired a new position in shares of Vanguard Financials ETF during the 4th quarter worth approximately $221,000. Gray Wealth Management Inc. boosted its holdings in shares of Vanguard Financials ETF by 4.1% during the 4th quarter. Gray Wealth Management Inc. now owns 21,057 shares of the company’s stock worth $2,486,000 after purchasing an additional 834 shares during the last quarter. Eaton Financial Holdings Company LLC acquired a new position in shares of Vanguard Financials ETF during the 4th quarter worth approximately $2,026,000. GWN Securities Inc. purchased a new stake in shares of Vanguard Financials ETF during the 4th quarter valued at approximately $1,139,000. Finally, Harbour Investments Inc. raised its position in shares of Vanguard Financials ETF by 94.0% during the 4th quarter. Harbour Investments Inc. now owns 6,952 shares of the company’s stock valued at $821,000 after buying an additional 3,368 shares during the period.

Vanguard Financials ETF Stock Performance

VFH stock opened at $118.25 on Tuesday. The firm has a market cap of $11.81 billion, a PE ratio of 15.58 and a beta of 1.10. The firm’s 50 day moving average price is $122.51 and its 200-day moving average price is $118.43. Vanguard Financials ETF has a one year low of $95.67 and a one year high of $127.67.

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).