Vanguard Financials ETF (NYSEARCA:VFH) Shares Purchased by Tortoise Investment Management LLC

Tortoise Investment Management LLC increased its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 26.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,146 shares of the company’s stock after acquiring an additional 240 shares during the quarter. Tortoise Investment Management LLC’s holdings in Vanguard Financials ETF were worth $135,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in shares of Vanguard Financials ETF during the 4th quarter valued at about $130,549,000. JPMorgan Chase & Co. lifted its position in Vanguard Financials ETF by 4.7% in the third quarter. JPMorgan Chase & Co. now owns 924,677 shares of the company’s stock valued at $101,631,000 after buying an additional 41,153 shares during the last quarter. Advisors Preferred LLC lifted its position in Vanguard Financials ETF by 48.0% in the fourth quarter. Advisors Preferred LLC now owns 446,507 shares of the company’s stock valued at $52,612,000 after buying an additional 144,912 shares during the last quarter. Synovus Financial Corp lifted its position in Vanguard Financials ETF by 97.8% in the third quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock valued at $48,714,000 after buying an additional 219,120 shares during the last quarter. Finally, Stifel Financial Corp lifted its position in Vanguard Financials ETF by 2.0% in the third quarter. Stifel Financial Corp now owns 433,070 shares of the company’s stock valued at $47,599,000 after buying an additional 8,462 shares during the last quarter.

Vanguard Financials ETF Price Performance

NYSEARCA VFH opened at $115.37 on Tuesday. The firm’s 50-day moving average is $122.76 and its two-hundred day moving average is $118.19. Vanguard Financials ETF has a 12 month low of $95.67 and a 12 month high of $127.67. The stock has a market capitalization of $11.54 billion, a P/E ratio of 16.94 and a beta of 1.11.

About Vanguard Financials ETF

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).