Vanguard Financials ETF (NYSEARCA:VFH) Sees Large Volume Increase – Here’s Why

Vanguard Financials ETF (NYSEARCA:VFHGet Free Report) shares saw unusually-high trading volume on Thursday . Approximately 397,677 shares traded hands during mid-day trading, a decline of 30% from the previous session’s volume of 564,864 shares.The stock last traded at $121.34 and had previously closed at $121.06.

Vanguard Financials ETF Stock Up 0.2 %

The stock’s 50-day moving average price is $121.09 and its 200-day moving average price is $112.64. The company has a market capitalization of $11.18 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Abound Wealth Management increased its stake 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 valued at $28,000 after buying an additional 186 shares during the period. Brown Brothers Harriman & Co. increased its position in Vanguard Financials ETF by 45.0% in the third quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock worth $32,000 after purchasing an additional 90 shares during the period. GAMMA Investing LLC acquired a new stake in Vanguard Financials ETF in the third quarter worth about $54,000. Ashton Thomas Securities LLC bought a new stake in Vanguard Financials ETF during the 3rd quarter worth about $54,000. Finally, Tsfg LLC acquired a new position in Vanguard Financials ETF during the 4th quarter valued at about $68,000.

About Vanguard Financials ETF

(Get Free Report)

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).

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