Truist Financial Corp Has $13.18 Million Position in Vanguard Financials ETF $VFH

Truist Financial Corp reduced its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 12.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,400 shares of the company’s stock after selling 13,644 shares during the period. Truist Financial Corp owned approximately 0.10% of Vanguard Financials ETF worth $13,176,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Chilton Capital Management LLC bought a new stake in shares of Vanguard Financials ETF during the third quarter worth about $150,000. PFG Investments LLC acquired a new position in Vanguard Financials ETF in the 3rd quarter valued at approximately $227,000. Shared Vision Wealth Group LLC acquired a new position in Vanguard Financials ETF in the 3rd quarter valued at approximately $426,000. McAdam LLC bought a new position in shares of Vanguard Financials ETF during the third quarter valued at $282,000. Finally, NorthCrest Asset Manangement LLC lifted its holdings in shares of Vanguard Financials ETF by 2.3% during the third quarter. NorthCrest Asset Manangement LLC now owns 21,668 shares of the company’s stock worth $2,837,000 after purchasing an additional 497 shares during the period. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Down 0.3%

Shares of NYSEARCA:VFH opened at $130.89 on Friday. The firm has a market cap of $13.13 billion, a P/E ratio of 17.56 and a beta of 1.02. Vanguard Financials ETF has a 12-month low of $100.87 and a 12-month high of $137.89. The business has a fifty day simple moving average of $132.66 and a 200 day simple moving average of $130.39.

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).