Merit Financial Group LLC grew its position in Vanguard Financials ETF (NYSEARCA:VFH – Free Report) by 1.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,395 shares of the company’s stock after buying an additional 786 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Financials ETF were worth $5,779,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also modified their holdings of the company. Wayfinding Financial LLC acquired a new stake in shares of Vanguard Financials ETF in the first quarter valued at $29,000. Briaud Financial Planning Inc acquired a new position in Vanguard Financials ETF during the 1st quarter worth $34,000. American National Bank & Trust acquired a new position in Vanguard Financials ETF during the 2nd quarter worth $37,000. Grove Bank & Trust acquired a new position in Vanguard Financials ETF during the 2nd quarter worth $38,000. Finally, Banque Transatlantique SA acquired a new position in Vanguard Financials ETF during the 1st quarter worth $39,000. 61.65% of the stock is owned by institutional investors and hedge funds.
Vanguard Financials ETF Price Performance
VFH opened at $131.00 on Monday. Vanguard Financials ETF has a 12 month low of $100.87 and a 12 month high of $133.85. The stock has a market capitalization of $12.92 billion, a price-to-earnings ratio of 17.56 and a beta of 1.09. The business has a fifty day moving average price of $130.01 and a 200 day moving average price of $124.09.
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).
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