UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in Vanguard Financials ETF (NYSEARCA:VFH – Free Report) by 72.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,706 shares of the company’s stock after selling 46,340 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Vanguard Financials ETF were worth $2,330,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of VFH. Bank of America Corp DE grew its position in Vanguard Financials ETF by 1.6% in the first quarter. Bank of America Corp DE now owns 23,948,132 shares of the company’s stock valued at $2,893,174,000 after purchasing an additional 379,485 shares in the last quarter. Morgan Stanley increased its position in Vanguard Financials ETF by 1.0% during the fourth quarter. Morgan Stanley now owns 3,604,287 shares of the company’s stock worth $481,137,000 after buying an additional 35,705 shares during the last quarter. Wells Fargo & Company MN raised its stake in Vanguard Financials ETF by 1.5% in the 4th quarter. Wells Fargo & Company MN now owns 1,811,174 shares of the company’s stock valued at $241,774,000 after acquiring an additional 27,036 shares during the period. PGIM Custom Harvest LLC increased its holdings in shares of Vanguard Financials ETF by 2.9% in the third quarter. PGIM Custom Harvest LLC now owns 1,416,698 shares of the company’s stock valued at $185,927,000 after purchasing an additional 40,422 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of Vanguard Financials ETF by 6.4% in the fourth quarter. Raymond James Financial Inc. now owns 1,236,644 shares of the company’s stock valued at $165,080,000 after purchasing an additional 73,925 shares during the last quarter. 61.65% of the stock is currently owned by institutional investors.
Vanguard Financials ETF Price Performance
Shares of VFH opened at $139.68 on Friday. The company’s 50-day moving average is $139.85 and its 200-day moving average is $131.00. The firm has a market capitalization of $13.53 billion, a PE ratio of 17.56 and a beta of 0.89. Vanguard Financials ETF has a fifty-two week low of $116.67 and a fifty-two week high of $143.20.
Vanguard Financials ETF Company 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). 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).
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