Rehmann Capital Advisory Group Takes Position in Vanguard Financials ETF (NYSEARCA:VFH)

Rehmann Capital Advisory Group bought a new stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,521 shares of the company’s stock, valued at approximately $258,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Wetzel Investment Advisors Inc. purchased a new position in Vanguard Financials ETF in the fourth quarter valued at about $25,000. Scarborough Advisors LLC purchased a new position in Vanguard Financials ETF in the fourth quarter valued at about $30,000. MCF Advisors LLC purchased a new position in Vanguard Financials ETF in the fourth quarter valued at about $31,000. McGlone Suttner Wealth Management Inc. purchased a new position in Vanguard Financials ETF in the fourth quarter valued at about $32,000. Finally, Pineridge Advisors LLC purchased a new position in Vanguard Financials ETF in the fourth quarter valued at about $32,000.

Vanguard Financials ETF Stock Performance

VFH traded up $0.32 on Wednesday, hitting $101.33. The company had a trading volume of 109,720 shares, compared to its average volume of 416,592. The stock has a market capitalization of $9.33 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. The stock has a fifty day moving average price of $100.31 and a 200-day moving average price of $97.77. Vanguard Financials ETF has a 12-month low of $75.71 and a 12-month high of $103.05.

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).