Silver Lake Advisory LLC Buys New Position in Vanguard Financials ETF (NYSEARCA:VFH)

Silver Lake Advisory LLC purchased a new stake in Vanguard Financials ETF (NYSEARCA:VFH) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 2,365 shares of the company’s stock, valued at approximately $236,000.

A number of other hedge funds have also added to or reduced their stakes in VFH. Family Firm Inc. purchased a new stake in shares of Vanguard Financials ETF in the 2nd quarter worth about $25,000. Rothschild Investment LLC bought a new stake in Vanguard Financials ETF during the 2nd quarter valued at approximately $29,000. Scarborough Advisors LLC purchased a new position in shares of Vanguard Financials ETF during the 4th quarter worth approximately $30,000. Pineridge Advisors LLC purchased a new position in shares of Vanguard Financials ETF during the 4th quarter worth approximately $32,000. Finally, Rosenberg Matthew Hamilton bought a new position in shares of Vanguard Financials ETF in the 2nd quarter worth approximately $43,000.

Vanguard Financials ETF Stock Down 0.1 %

VFH opened at $109.59 on Monday. Vanguard Financials ETF has a 52 week low of $75.71 and a 52 week high of $111.40. The stock has a market cap of $10.09 billion, a PE ratio of 14.43 and a beta of 0.96. The business has a 50 day moving average of $106.89 and a 200-day moving average of $102.69.

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).