Independent Financial Group LLC Purchases Shares of 9,088 Vanguard Financials ETF $VFH

Independent Financial Group LLC acquired a new stake in Vanguard Financials ETF (NYSEARCA:VFH) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 9,088 shares of the company’s stock, valued at approximately $1,098,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VFH. Jane Street Group LLC raised its position in Vanguard Financials ETF by 124.9% in the first quarter. Jane Street Group LLC now owns 9,345 shares of the company’s stock worth $1,116,000 after purchasing an additional 5,190 shares in the last quarter. Focus Partners Wealth grew its stake in shares of Vanguard Financials ETF by 10.5% in the 1st quarter. Focus Partners Wealth now owns 7,821 shares of the company’s stock valued at $934,000 after purchasing an additional 743 shares during the period. Brown Advisory Inc. raised its holdings in shares of Vanguard Financials ETF by 8.8% in the 2nd quarter. Brown Advisory Inc. now owns 6,664 shares of the company’s stock worth $848,000 after buying an additional 540 shares in the last quarter. Cerity Partners LLC lifted its position in shares of Vanguard Financials ETF by 8.4% during the 2nd quarter. Cerity Partners LLC now owns 22,736 shares of the company’s stock worth $2,894,000 after buying an additional 1,759 shares during the period. Finally, Qube Research & Technologies Ltd lifted its position in shares of Vanguard Financials ETF by 1,765.2% during the 2nd quarter. Qube Research & Technologies Ltd now owns 9,587 shares of the company’s stock worth $1,220,000 after buying an additional 9,073 shares during the period. 61.65% of the stock is owned by institutional investors.

Vanguard Financials ETF Price Performance

Shares of VFH stock opened at $137.35 on Tuesday. The stock’s fifty day simple moving average is $130.90 and its 200 day simple moving average is $128.58. Vanguard Financials ETF has a one year low of $116.67 and a one year high of $139.50. The firm has a market cap of $13.30 billion, a price-to-earnings ratio of 17.56 and a beta of 0.90.

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). 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).