US Bancorp DE Buys 1,850 Shares of Vanguard Financials ETF $VFH

US Bancorp DE grew its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 29.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,089 shares of the company’s stock after buying an additional 1,850 shares during the quarter. US Bancorp DE’s holdings in Vanguard Financials ETF were worth $1,030,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VFH. Kingstone Capital Partners Texas LLC purchased a new stake in Vanguard Financials ETF in the 2nd quarter worth about $116,303,000. BNP Paribas Financial Markets boosted its stake in shares of Vanguard Financials ETF by 7,562,075.0% during the first quarter. BNP Paribas Financial Markets now owns 302,487 shares of the company’s stock valued at $36,138,000 after purchasing an additional 302,483 shares in the last quarter. Barings LLC acquired a new stake in Vanguard Financials ETF in the first quarter valued at approximately $21,211,000. Ameriprise Financial Inc. boosted its stake in Vanguard Financials ETF by 24.7% in the first quarter. Ameriprise Financial Inc. now owns 863,486 shares of the company’s stock valued at $103,184,000 after acquiring an additional 171,219 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Financials ETF by 47.3% in 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 during the last quarter. 61.65% of the stock is owned by hedge funds and other institutional investors.

Vanguard Financials ETF Trading Up 0.9%

NYSEARCA VFH opened at $126.82 on Friday. The company has a fifty day simple moving average of $130.35 and a two-hundred day simple moving average of $124.65. The stock has a market cap of $12.70 billion, a P/E ratio of 17.56 and a beta of 1.09. Vanguard Financials ETF has a 12-month low of $100.87 and a 12-month high of $133.85.

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).