Financial Freedom LLC Has $6.67 Million Stake in Vanguard Financials ETF $VFH

Financial Freedom LLC decreased its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 2.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 52,373 shares of the company’s stock after selling 1,384 shares during the period. Vanguard Financials ETF makes up about 3.6% of Financial Freedom LLC’s portfolio, making the stock its 5th biggest position. Financial Freedom LLC owned about 0.05% of Vanguard Financials ETF worth $6,667,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. PGIM Custom Harvest LLC boosted its stake in Vanguard Financials ETF by 2.7% in the first quarter. PGIM Custom Harvest LLC now owns 1,215,977 shares of the company’s stock valued at $145,273,000 after buying an additional 31,634 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new position in shares of Vanguard Financials ETF in the second quarter worth about $116,303,000. Ameriprise Financial Inc. lifted its holdings in shares of Vanguard Financials ETF by 24.7% in the first quarter. Ameriprise Financial Inc. now owns 863,486 shares of the company’s stock worth $103,184,000 after acquiring an additional 171,219 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard Financials ETF by 0.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 422,344 shares of the company’s stock valued at $53,764,000 after purchasing an additional 3,347 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in shares of Vanguard Financials ETF by 7,562,075.0% during the 1st quarter. BNP Paribas Financial Markets now owns 302,487 shares of the company’s stock valued at $36,138,000 after purchasing an additional 302,483 shares during the last quarter. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Price Performance

VFH stock opened at $130.00 on Friday. The stock has a market cap of $13.02 billion, a price-to-earnings ratio of 17.56 and a beta of 1.02. The company has a 50 day simple moving average of $128.76 and a 200 day simple moving average of $127.66. Vanguard Financials ETF has a 1 year low of $100.87 and a 1 year high of $133.85.

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).