Founders Grove Wealth Partners LLC Buys Shares of 57,375 Vanguard Financials ETF (NYSEARCA:VFH)

Founders Grove Wealth Partners LLC purchased a new position in Vanguard Financials ETF (NYSEARCA:VFH) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 57,375 shares of the company’s stock, valued at approximately $6,774,000. Vanguard Financials ETF makes up 2.0% of Founders Grove Wealth Partners LLC’s investment portfolio, making the stock its 15th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Synovus Financial Corp increased its stake in Vanguard Financials ETF by 97.8% in the third quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock worth $48,714,000 after purchasing an additional 219,120 shares during the period. Sanctuary Advisors LLC purchased a new position in Vanguard Financials ETF in the 2nd quarter worth about $10,902,000. EWG Elevate Inc. purchased a new position in Vanguard Financials ETF in the 4th quarter worth about $12,919,000. Barclays PLC lifted its holdings in Vanguard Financials ETF by 11,076.1% during the 3rd quarter. Barclays PLC now owns 98,350 shares of the company’s stock valued at $10,810,000 after buying an additional 97,470 shares in the last quarter. Finally, Strategic Wealth Partners Ltd. bought a new position in Vanguard Financials ETF in the 3rd quarter worth about $8,169,000.

Vanguard Financials ETF Stock Performance

Shares of NYSEARCA:VFH opened at $117.95 on Wednesday. The firm’s 50 day simple moving average is $121.10 and its 200-day simple moving average is $112.58. Vanguard Financials ETF has a one year low of $90.02 and a one year high of $126.85. The firm has a market cap of $10.86 billion, a PE ratio of 14.43 and a beta of 0.96.

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).