LPL Financial LLC Has $132.36 Million Position in Vanguard Financials ETF $VFH

LPL Financial LLC raised its position in Vanguard Financials ETF (NYSEARCA:VFH) by 2.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 991,496 shares of the company’s stock after acquiring an additional 20,587 shares during the quarter. LPL Financial LLC owned approximately 0.99% of Vanguard Financials ETF worth $132,355,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC lifted its stake in shares of Vanguard Financials ETF by 124.9% during the 1st quarter. Jane Street Group LLC now owns 9,345 shares of the company’s stock worth $1,116,000 after buying an additional 5,190 shares during the last quarter. Focus Partners Wealth lifted its stake in shares of Vanguard Financials ETF by 10.5% during the 1st quarter. Focus Partners Wealth now owns 7,821 shares of the company’s stock worth $934,000 after buying an additional 743 shares during the last quarter. Brown Advisory Inc. lifted its stake in shares of Vanguard Financials ETF by 8.8% during 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 during the last quarter. Cerity Partners LLC lifted its stake 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 last quarter. Finally, Qube Research & Technologies Ltd lifted its stake 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 last quarter. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Performance

NYSEARCA VFH opened at $128.19 on Thursday. The firm has a 50-day moving average of $126.30 and a 200-day moving average of $128.15. The stock has a market cap of $13.03 billion, a PE ratio of 17.56 and a beta of 0.90. Vanguard Financials ETF has a 52-week low of $116.67 and a 52-week high of $137.89.

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).