Vanguard Financials ETF (NYSEARCA:VFH) Hits New 12-Month High – Should You Buy?

Vanguard Financials ETF (NYSEARCA:VFH) hit a new 52-week high on Thursday . The stock traded as high as $127.29 and last traded at $127.29, with a volume of 266674 shares trading hands. The stock had previously closed at $126.28.

Vanguard Financials ETF Stock Up 0.4 %

The company has a market cap of $11.68 billion, a PE ratio of 14.43 and a beta of 0.96. The company has a 50-day moving average of $121.60 and a 200-day moving average of $114.94.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of VFH. Comprehensive Financial Planning Inc. PA bought a new position in shares of Vanguard Financials ETF during the fourth quarter valued at approximately $26,000. Abound Wealth Management lifted its position in shares of Vanguard Financials ETF by 379.6% in the 4th quarter. Abound Wealth Management now owns 235 shares of the company’s stock worth $28,000 after purchasing an additional 186 shares during the period. Brown Brothers Harriman & Co. boosted its stake in shares of Vanguard Financials ETF by 45.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock valued at $32,000 after purchasing an additional 90 shares in the last quarter. Kestra Investment Management LLC purchased a new stake in shares of Vanguard Financials ETF in the 4th quarter worth approximately $35,000. Finally, Heck Capital Advisors LLC purchased a new position in Vanguard Financials ETF during the fourth quarter valued at $45,000.

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).