Lido Advisors LLC raised its position in Vanguard Financials ETF (NYSEARCA:VFH – Free Report) by 10.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 380,112 shares of the company’s stock after acquiring an additional 35,619 shares during the quarter. Lido Advisors LLC’s holdings in Vanguard Financials ETF were worth $49,449,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of the company. Bank of America Corp DE raised its stake in shares of Vanguard Financials ETF by 1.6% during 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 acquiring an additional 379,485 shares during the last quarter. Royal Bank of Canada grew its stake in shares of Vanguard Financials ETF by 9.4% in the first quarter. Royal Bank of Canada now owns 579,925 shares of the company’s stock worth $70,061,000 after purchasing an additional 49,666 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Financials ETF by 7.6% in the second quarter. Envestnet Asset Management Inc. now owns 485,154 shares of the company’s stock worth $63,846,000 after purchasing an additional 34,350 shares during the last quarter. TD Waterhouse Canada Inc. increased its holdings in Vanguard Financials ETF by 1.8% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 224,954 shares of the company’s stock valued at $29,323,000 after purchasing an additional 3,949 shares during the period. Finally, Ameritas Advisory Services LLC increased its holdings in Vanguard Financials ETF by 48.7% during the 2nd quarter. Ameritas Advisory Services LLC now owns 197,536 shares of the company’s stock valued at $25,996,000 after purchasing an additional 64,658 shares during the period. Hedge funds and other institutional investors own 61.65% of the company’s stock.
Vanguard Financials ETF Price Performance
Shares of NYSEARCA:VFH opened at $141.24 on Wednesday. The stock’s 50-day moving average is $136.16 and its 200 day moving average is $131.81. The company has a market cap of $13.71 billion, a PE ratio of 17.56 and a beta of 0.89. Vanguard Financials ETF has a 1 year low of $116.67 and a 1 year high of $145.50.
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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