Royal Fund Management LLC Has $3.19 Million Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Royal Fund Management LLC increased its position in Vanguard Financials ETF (NYSEARCA:VFH) by 129.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 28,834 shares of the company’s stock after purchasing an additional 16,285 shares during the period. Royal Fund Management LLC’s holdings in Vanguard Financials ETF were worth $3,194,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vivaldi Capital Management LP lifted its position in shares of Vanguard Financials ETF by 25.0% in the fourth quarter. Vivaldi Capital Management LP now owns 3,217 shares of the company’s stock worth $302,000 after purchasing an additional 643 shares in the last quarter. Novak & Powell Financial Services Inc. purchased a new stake in Vanguard Financials ETF in the 4th quarter worth approximately $1,387,000. Centaurus Financial Inc. boosted its stake in shares of Vanguard Financials ETF by 28.2% during the 4th quarter. Centaurus Financial Inc. now owns 7,040 shares of the company’s stock valued at $650,000 after buying an additional 1,548 shares during the period. Scarborough Advisors LLC purchased a new position in shares of Vanguard Financials ETF during the 4th quarter valued at $30,000. Finally, Pineridge Advisors LLC purchased a new position in shares of Vanguard Financials ETF during the 4th quarter valued at $32,000.

Vanguard Financials ETF Stock Up 0.4 %

Shares of VFH traded up $0.42 during midday trading on Wednesday, reaching $110.44. 10,983 shares of the stock were exchanged, compared to its average volume of 374,007. The company has a market cap of $10.17 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a 12-month low of $75.71 and a 12-month high of $111.40. The firm has a 50 day simple moving average of $107.46 and a 200-day simple moving average of $103.17.

Vanguard Financials ETF Company 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).