NRI Wealth Management LC Purchases Shares of 3,258 Vanguard Financials ETF (NYSEARCA:VFH)

NRI Wealth Management LC purchased a new position in Vanguard Financials ETF (NYSEARCA:VFH) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 3,258 shares of the company’s stock, valued at approximately $385,000. Vanguard Financials ETF comprises 0.3% of NRI Wealth Management LC’s investment portfolio, making the stock its 23rd largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Rothschild Investment LLC acquired a new position in shares of Vanguard Financials ETF in the second quarter valued at $29,000. Brown Brothers Harriman & Co. raised its stake in shares of Vanguard Financials ETF by 45.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock valued at $32,000 after buying an additional 90 shares in the last quarter. Larson Financial Group LLC raised its stake in shares of Vanguard Financials ETF by 350.0% in the 2nd quarter. Larson Financial Group LLC now owns 450 shares of the company’s stock valued at $45,000 after buying an additional 350 shares in the last quarter. GAMMA Investing LLC bought a new position in shares of Vanguard Financials ETF during the 3rd quarter worth about $54,000. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of Vanguard Financials ETF during the 3rd quarter valued at about $54,000.

Vanguard Financials ETF Stock Down 0.2 %

NYSEARCA VFH opened at $117.83 on Friday. The stock has a market cap of $10.85 billion, a P/E ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a twelve month low of $90.02 and a twelve month high of $126.85. The company’s 50-day simple moving average is $120.46 and its 200 day simple moving average is $111.42.

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).