Northwestern Mutual Wealth Management Co. Lowers Holdings in Vanguard Financials ETF $VFH

Northwestern Mutual Wealth Management Co. decreased its position in Vanguard Financials ETF (NYSEARCA:VFH) by 15.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243,922 shares of the company’s stock after selling 44,073 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.25% of Vanguard Financials ETF worth $32,100,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of VFH. Jane Street Group LLC raised its holdings 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 buying an additional 5,190 shares during the last quarter. Focus Partners Wealth grew its holdings in shares of Vanguard Financials ETF by 10.5% during the first quarter. Focus Partners Wealth now owns 7,821 shares of the company’s stock valued at $934,000 after buying an additional 743 shares during the last quarter. Brown Advisory Inc. grew its holdings in shares of Vanguard Financials ETF by 8.8% during the second quarter. Brown Advisory Inc. now owns 6,664 shares of the company’s stock valued at $848,000 after buying an additional 540 shares during the last quarter. Cerity Partners LLC increased its position in shares of Vanguard Financials ETF by 8.4% during the second quarter. Cerity Partners LLC now owns 22,736 shares of the company’s stock valued at $2,894,000 after acquiring an additional 1,759 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its position in shares of Vanguard Financials ETF by 1,765.2% during the second quarter. Qube Research & Technologies Ltd now owns 9,587 shares of the company’s stock valued at $1,220,000 after acquiring an additional 9,073 shares in the last quarter. 61.65% of the stock is owned by hedge funds and other institutional investors.

Vanguard Financials ETF Stock Down 1.0%

Shares of NYSEARCA VFH opened at $139.56 on Wednesday. The firm has a market cap of $13.52 billion, a P/E ratio of 17.56 and a beta of 0.90. Vanguard Financials ETF has a twelve month low of $116.67 and a twelve month high of $143.01. The company has a 50 day moving average of $138.61 and a 200 day moving average of $130.29.

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).