Vanguard Financials ETF $VFH Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. trimmed its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 2.9% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 202,755 shares of the company’s stock after selling 6,126 shares during the period. PNC Financial Services Group Inc. owned approximately 0.20% of Vanguard Financials ETF worth $24,495,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC lifted its stake in 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 acquiring an additional 5,190 shares in the last quarter. Focus Partners Wealth grew its position in 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 acquiring an additional 743 shares in the last quarter. Brown Advisory Inc. grew its position in Vanguard Financials ETF by 8.8% in the 2nd quarter. Brown Advisory Inc. now owns 6,664 shares of the company’s stock valued at $848,000 after acquiring an additional 540 shares in the last quarter. Cerity Partners LLC increased its stake in Vanguard Financials ETF by 8.4% during the second quarter. Cerity Partners LLC now owns 22,736 shares of the company’s stock worth $2,894,000 after purchasing an additional 1,759 shares during the period. Finally, Qube Research & Technologies Ltd increased its stake in 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 worth $1,220,000 after purchasing an additional 9,073 shares during the period. 61.65% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Financials ETF Stock Performance

Shares of VFH opened at $137.81 on Friday. The company’s 50-day simple moving average is $131.83 and its 200-day simple moving average is $128.72. Vanguard Financials ETF has a 1 year low of $116.67 and a 1 year high of $139.50. The stock has a market capitalization of $13.35 billion, a PE ratio of 17.56 and a beta of 0.90.

About Vanguard Financials ETF

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).