Axxcess Wealth Management LLC Buys Shares of 1,876 Vanguard Financials ETF (NYSEARCA:VFH)

Axxcess Wealth Management LLC bought a new stake in Vanguard Financials ETF (NYSEARCA:VFH) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,876 shares of the company’s stock, valued at approximately $221,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Financials ETF during the 4th quarter worth approximately $130,549,000. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Financials ETF by 4.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 924,677 shares of the company’s stock worth $101,631,000 after purchasing an additional 41,153 shares in the last quarter. Advisors Preferred LLC grew its holdings in shares of Vanguard Financials ETF by 48.0% during the 4th quarter. Advisors Preferred LLC now owns 446,507 shares of the company’s stock worth $52,612,000 after purchasing an additional 144,912 shares in the last quarter. Synovus Financial Corp boosted its stake in Vanguard Financials ETF by 97.8% in the 3rd quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock valued at $48,714,000 after buying an additional 219,120 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in Vanguard Financials ETF by 2.0% in the 3rd quarter. Stifel Financial Corp now owns 433,070 shares of the company’s stock valued at $47,599,000 after buying an additional 8,462 shares in the last quarter.

Vanguard Financials ETF Price Performance

Shares of VFH stock opened at $119.02 on Friday. The stock’s fifty day simple moving average is $122.61 and its 200 day simple moving average is $118.61. The firm has a market cap of $11.89 billion, a price-to-earnings ratio of 15.58 and a beta of 1.10. Vanguard Financials ETF has a one year low of $95.67 and a one year high of $127.67.

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).