Northwestern Mutual Wealth Management Co. Increases Position in Vanguard Financials ETF $VFH

Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 0.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 422,344 shares of the company’s stock after acquiring an additional 3,347 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Financials ETF were worth $53,764,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VFH. Natixis Advisors LLC boosted its position in Vanguard Financials ETF by 18.7% during the first quarter. Natixis Advisors LLC now owns 48,006 shares of the company’s stock valued at $5,735,000 after buying an additional 7,572 shares during the period. Harbour Investments Inc. lifted its stake in shares of Vanguard Financials ETF by 35.4% in the 1st quarter. Harbour Investments Inc. now owns 9,410 shares of the company’s stock valued at $1,124,000 after acquiring an additional 2,458 shares during the last quarter. Commerce Bank boosted its holdings in Vanguard Financials ETF by 4.4% during the 1st quarter. Commerce Bank now owns 4,709 shares of the company’s stock valued at $563,000 after acquiring an additional 200 shares during the period. TIAA Trust National Association grew its position in Vanguard Financials ETF by 5.0% during the 1st quarter. TIAA Trust National Association now owns 8,288 shares of the company’s stock worth $990,000 after acquiring an additional 396 shares during the last quarter. Finally, Barings LLC bought a new position in Vanguard Financials ETF during the 1st quarter worth approximately $21,211,000. 61.65% of the stock is owned by institutional investors.

Vanguard Financials ETF Stock Up 0.6%

NYSEARCA:VFH opened at $130.00 on Friday. The firm has a market capitalization of $13.02 billion, a P/E ratio of 17.56 and a beta of 1.02. The company has a fifty day moving average of $128.76 and a 200 day moving average of $127.66. Vanguard Financials ETF has a 52 week low of $100.87 and a 52 week 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).