25,293 Shares in Vanguard Financials ETF $VFH Bought by Tandem Wealth Advisors LLC

Tandem Wealth Advisors LLC purchased a new position in shares of Vanguard Financials ETF (NYSEARCA:VFH) in the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 25,293 shares of the company’s stock, valued at approximately $3,015,000. Vanguard Financials ETF makes up approximately 1.6% of Tandem Wealth Advisors LLC’s portfolio, making the stock its 14th biggest position.

Several other institutional investors have also bought and sold shares of the stock. Comerica Bank grew its holdings in Vanguard Financials ETF by 0.6% during the first quarter. Comerica Bank now owns 46,134 shares of the company’s stock worth $5,512,000 after buying an additional 297 shares in the last quarter. Quantitative Investment Management LLC grew its holdings in Vanguard Financials ETF by 291.0% during the first quarter. Quantitative Investment Management LLC now owns 12,691 shares of the company’s stock worth $1,516,000 after buying an additional 9,445 shares in the last quarter. SVB Wealth LLC bought a new stake in Vanguard Financials ETF during the first quarter worth $81,000. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Financials ETF by 47.3% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 418,997 shares of the company’s stock worth $50,058,000 after buying an additional 134,594 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in Vanguard Financials ETF by 24.7% during the first quarter. Ameriprise Financial Inc. now owns 863,486 shares of the company’s stock worth $103,184,000 after buying an additional 171,219 shares in the last quarter. Institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Trading Up 2.0%

Shares of Vanguard Financials ETF stock opened at $131.16 on Friday. The stock has a fifty day simple moving average of $127.26 and a 200 day simple moving average of $122.17. Vanguard Financials ETF has a 12-month low of $100.87 and a 12-month high of $131.45. The company has a market capitalization of $12.89 billion, a P/E ratio of 17.56 and a beta of 1.09.

Vanguard Financials ETF 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).