MontVue Capital Management Inc. Has $1.91 Million Stake in Vanguard Financials ETF (NYSEARCA:VFH)

MontVue Capital Management Inc. grew its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 21.5% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 19,132 shares of the company’s stock after buying an additional 3,384 shares during the period. Vanguard Financials ETF makes up 1.5% of MontVue Capital Management Inc.’s investment portfolio, making the stock its 15th biggest holding. MontVue Capital Management Inc.’s holdings in Vanguard Financials ETF were worth $1,911,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Wetzel Investment Advisors Inc. bought a new position in Vanguard Financials ETF during the fourth quarter valued at about $25,000. Scarborough Advisors LLC bought a new stake in shares of Vanguard Financials ETF during the fourth quarter valued at approximately $30,000. MCF Advisors LLC acquired a new position in shares of Vanguard Financials ETF in the fourth quarter valued at $31,000. Pineridge Advisors LLC acquired a new position in shares of Vanguard Financials ETF in the fourth quarter valued at $32,000. Finally, Bfsg LLC bought a new position in Vanguard Financials ETF in the fourth quarter worth $39,000.

Vanguard Financials ETF Stock Up 1.2 %

VFH traded up $1.29 during trading on Friday, reaching $108.02. 314,224 shares of the company’s stock were exchanged, compared to its average volume of 402,580. The company has a market capitalization of $9.95 billion, a P/E ratio of 14.43 and a beta of 0.96. The business has a 50 day moving average price of $102.90 and a 200 day moving average price of $100.40. Vanguard Financials ETF has a fifty-two week low of $75.71 and a fifty-two week high of $108.32.

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).