Raymond James Financial Inc. Acquires Shares of 1,105,688 Vanguard Financials ETF (NYSEARCA:VFH)

Raymond James Financial Inc. acquired a new stake in Vanguard Financials ETF (NYSEARCA:VFH) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,105,688 shares of the company’s stock, valued at approximately $130,549,000. Raymond James Financial Inc. owned approximately 1.20% of Vanguard Financials ETF at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its holdings in Vanguard Financials ETF by 4.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 924,677 shares of the company’s stock valued at $101,631,000 after purchasing an additional 41,153 shares in the last quarter. Advisors Preferred LLC lifted its position in shares of Vanguard Financials ETF by 48.0% during the 4th quarter. Advisors Preferred LLC now owns 446,507 shares of the company’s stock valued at $52,612,000 after acquiring an additional 144,912 shares during the period. Synovus Financial Corp lifted its position in shares of Vanguard Financials ETF by 97.8% during the 3rd quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock valued at $48,714,000 after acquiring an additional 219,120 shares during the period. Stifel Financial Corp lifted its position in shares of Vanguard Financials ETF by 2.0% during the 3rd quarter. Stifel Financial Corp now owns 433,070 shares of the company’s stock valued at $47,599,000 after acquiring an additional 8,462 shares during the period. Finally, KCM Investment Advisors LLC lifted its position in shares of Vanguard Financials ETF by 0.5% during the 3rd quarter. KCM Investment Advisors LLC now owns 358,998 shares of the company’s stock valued at $39,458,000 after acquiring an additional 1,706 shares during the period.

Vanguard Financials ETF Trading Down 0.4 %

VFH stock opened at $118.69 on Friday. The firm has a 50 day moving average of $122.82 and a 200-day moving average of $118.04. Vanguard Financials ETF has a 12-month low of $95.67 and a 12-month high of $127.67. The company has a market cap of $11.87 billion, a price-to-earnings 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).