Ameriprise Financial Inc. Boosts Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Ameriprise Financial Inc. lifted its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 16.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 692,267 shares of the company’s stock after purchasing an additional 97,667 shares during the period. Ameriprise Financial Inc.’s holdings in Vanguard Financials ETF were worth $81,667,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Kingsview Wealth Management LLC purchased a new position in Vanguard Financials ETF in the 4th quarter worth approximately $209,000. PNC Financial Services Group Inc. increased its stake in shares of Vanguard Financials ETF by 3.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 237,861 shares of the company’s stock worth $28,084,000 after acquiring an additional 7,186 shares during the last quarter. Americana Partners LLC raised its holdings in shares of Vanguard Financials ETF by 4.1% during the 4th quarter. Americana Partners LLC now owns 3,637 shares of the company’s stock worth $429,000 after acquiring an additional 142 shares during the period. Empowered Funds LLC acquired a new position in shares of Vanguard Financials ETF during the 4th quarter valued at about $154,000. Finally, Keybank National Association OH increased its position in Vanguard Financials ETF by 35.5% during the fourth quarter. Keybank National Association OH now owns 4,121 shares of the company’s stock worth $487,000 after purchasing an additional 1,079 shares during the last quarter.

Vanguard Financials ETF Price Performance

Vanguard Financials ETF stock opened at $119.99 on Friday. The firm has a 50 day simple moving average of $115.59 and a 200-day simple moving average of $119.56. The stock has a market cap of $11.75 billion, a price-to-earnings ratio of 15.47 and a beta of 1.00. Vanguard Financials ETF has a 1-year low of $97.83 and a 1-year high of $127.67.

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).