Lido Advisors LLC Purchases 120,224 Shares of Vanguard Financials ETF $VFH

Lido Advisors LLC boosted its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 69.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 294,498 shares of the company’s stock after buying an additional 120,224 shares during the period. Lido Advisors LLC’s holdings in Vanguard Financials ETF were worth $38,650,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Corient Private Wealth LLC raised its position in shares of Vanguard Financials ETF by 606.8% in the 2nd quarter. Corient Private Wealth LLC now owns 880,189 shares of the company’s stock valued at $111,992,000 after buying an additional 755,665 shares in the last quarter. Beacon Capital Management Inc. boosted its position in shares of Vanguard Financials ETF by 197.6% during the 2nd quarter. Beacon Capital Management Inc. now owns 1,014,050 shares of the company’s stock worth $129,089,000 after acquiring an additional 673,259 shares in the last quarter. Bank of America Corp DE increased its stake in Vanguard Financials ETF by 2.3% in the third quarter. Bank of America Corp DE now owns 23,437,493 shares of the company’s stock valued at $3,075,937,000 after acquiring an additional 526,682 shares during the last quarter. Laurel Wealth Advisors LLC increased its stake in Vanguard Financials ETF by 29,055.8% in the second quarter. Laurel Wealth Advisors LLC now owns 271,149 shares of the company’s stock valued at $34,517,000 after acquiring an additional 270,219 shares during the last quarter. Finally, Two Sigma Investments LP raised its position in Vanguard Financials ETF by 60.3% during the third quarter. Two Sigma Investments LP now owns 554,500 shares of the company’s stock valued at $72,773,000 after purchasing an additional 208,500 shares in the last quarter. 61.65% of the stock is owned by institutional investors.

Vanguard Financials ETF Price Performance

NYSEARCA VFH opened at $119.23 on Monday. The business has a fifty day moving average price of $129.35 and a two-hundred day moving average price of $130.06. Vanguard Financials ETF has a fifty-two week low of $100.87 and a fifty-two week high of $137.89. The stock has a market capitalization of $11.96 billion, a PE ratio of 17.56 and a beta of 1.02.

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). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).