Atlas Capital Advisors Inc. Invests $8.59 Million in Vanguard Financials ETF $VFH

Atlas Capital Advisors Inc. purchased a new position in shares of Vanguard Financials ETF (NYSEARCA:VFH) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 64,344 shares of the company’s stock, valued at approximately $8,589,000. Vanguard Financials ETF accounts for 1.0% of Atlas Capital Advisors Inc.’s portfolio, making the stock its 27th biggest position.

A number of other hedge funds also recently modified their holdings of the business. Jessup Wealth Management Inc acquired a new stake in Vanguard Financials ETF in the 4th quarter valued at approximately $27,000. Proathlete Wealth Management LLC raised its position in Vanguard Financials ETF by 2,775.0% in the 4th quarter. Proathlete Wealth Management LLC now owns 230 shares of the company’s stock valued at $31,000 after buying an additional 222 shares during the last quarter. Core Wealth Advisors LLC acquired a new stake in Vanguard Financials ETF in the 4th quarter valued at approximately $48,000. Aberdeen Wealth Management LLC acquired a new stake in Vanguard Financials ETF in the 4th quarter valued at approximately $53,000. Finally, UMB Bank n.a. acquired a new stake in Vanguard Financials ETF in the 4th quarter valued at approximately $56,000. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Performance

Shares of Vanguard Financials ETF stock opened at $130.97 on Friday. The business’s 50 day simple moving average is $126.67 and its 200 day simple moving average is $128.19. Vanguard Financials ETF has a 52-week low of $116.67 and a 52-week high of $137.89. The firm has a market cap of $13.31 billion, a PE ratio of 17.56 and a beta of 0.90.

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). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).