World Equity Group Inc. Buys New Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

World Equity Group Inc. bought a new stake in Vanguard Financials ETF (NYSEARCA:VFH) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 34,882 shares of the company’s stock, valued at approximately $4,119,000. Vanguard Financials ETF comprises 0.9% of World Equity Group Inc.’s investment portfolio, making the stock its 24th largest position.

Several other hedge funds have also bought and sold shares of VFH. Sequoia Financial Advisors LLC lifted its stake in Vanguard Financials ETF by 7.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 4,312 shares of the company’s stock valued at $474,000 after purchasing an additional 305 shares during the last quarter. Private Advisor Group LLC lifted its position in Vanguard Financials ETF by 3.6% during the third quarter. Private Advisor Group LLC now owns 28,528 shares of the company’s stock worth $3,136,000 after acquiring an additional 979 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Vanguard Financials ETF by 450.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 76,276 shares of the company’s stock worth $8,383,000 after acquiring an additional 62,416 shares during the last quarter. Frank Rimerman Advisors LLC lifted its position in Vanguard Financials ETF by 0.5% during the third quarter. Frank Rimerman Advisors LLC now owns 37,400 shares of the company’s stock worth $4,111,000 after acquiring an additional 186 shares during the last quarter. Finally, Cavalier Investments LLC lifted its position in Vanguard Financials ETF by 6.6% during the third quarter. Cavalier Investments LLC now owns 65,897 shares of the company’s stock worth $7,243,000 after acquiring an additional 4,071 shares during the last quarter.

Vanguard Financials ETF Stock Down 1.5 %

Shares of VFH stock opened at $123.27 on Friday. The firm has a 50 day moving average price of $122.16 and a two-hundred day moving average price of $116.65. The company has a market capitalization of $11.35 billion, a PE ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a 12-month low of $95.67 and a 12-month 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).