HighTower Advisors LLC Has $17.56 Million Stake in Vanguard Financials ETF $VFH

HighTower Advisors LLC decreased its position in Vanguard Financials ETF (NYSEARCA:VFH) by 4.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 131,515 shares of the company’s stock after selling 5,960 shares during the quarter. HighTower Advisors LLC’s holdings in Vanguard Financials ETF were worth $17,556,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of VFH. Bank of America Corp DE raised its stake in shares of Vanguard Financials ETF by 2.3% in the 3rd quarter. Bank of America Corp DE now owns 23,437,493 shares of the company’s stock valued at $3,075,937,000 after purchasing an additional 526,682 shares during the period. Two Sigma Investments LP raised its stake in shares of Vanguard Financials ETF by 60.3% in the 3rd quarter. Two Sigma Investments LP now owns 554,500 shares of the company’s stock valued at $72,773,000 after purchasing an additional 208,500 shares during the period. Mercer Global Advisors Inc. ADV raised its stake in shares of Vanguard Financials ETF by 1,059.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 189,392 shares of the company’s stock valued at $24,856,000 after purchasing an additional 173,064 shares during the period. Ameritas Advisory Services LLC raised its stake in shares of Vanguard Financials ETF by 5,104.1% in the 4th quarter. Ameritas Advisory Services LLC now owns 175,274 shares of the company’s stock valued at $23,397,000 after purchasing an additional 171,906 shares during the period. Finally, Allianz SE raised its stake in shares of Vanguard Financials ETF by 297,313.0% in the 3rd quarter. Allianz SE now owns 136,810 shares of the company’s stock valued at $17,955,000 after purchasing an additional 136,764 shares during the period. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Price Performance

VFH opened at $127.37 on Friday. The business’s 50-day moving average price is $124.38 and its two-hundred day moving average price is $128.19. Vanguard Financials ETF has a 1 year low of $116.67 and a 1 year high of $137.89. The company has a market capitalization of $12.95 billion, a price-to-earnings ratio of 17.56 and a beta of 0.92.

About Vanguard Financials ETF

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).