Waverly Advisors LLC Has $4.53 Million Holdings in Vanguard Financials ETF $VFH

Waverly Advisors LLC grew its position in Vanguard Financials ETF (NYSEARCA:VFH) by 16.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,450 shares of the company’s stock after buying an additional 4,795 shares during the quarter. Waverly Advisors LLC’s holdings in Vanguard Financials ETF were worth $4,534,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in VFH. Bank of America Corp DE grew its stake in Vanguard Financials ETF by 1.6% during the 1st quarter. Bank of America Corp DE now owns 23,948,132 shares of the company’s stock valued at $2,893,174,000 after acquiring an additional 379,485 shares in the last quarter. Two Sigma Investments LP lifted its position in shares of Vanguard Financials ETF by 60.3% in the third quarter. Two Sigma Investments LP now owns 554,500 shares of the company’s stock worth $72,773,000 after purchasing an additional 208,500 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Vanguard Financials ETF by 1,059.9% during the third quarter. Mercer Global Advisors Inc. ADV now owns 189,392 shares of the company’s stock worth $24,856,000 after purchasing an additional 173,064 shares during the period. Corient Private Wealth LLC boosted its holdings in shares of Vanguard Financials ETF by 109.0% during the second quarter. Corient Private Wealth LLC now owns 260,248 shares of the company’s stock worth $33,130,000 after purchasing an additional 135,724 shares during the period. Finally, Thrivent Financial for Lutherans purchased a new position in Vanguard Financials ETF during the fourth quarter valued at approximately $16,841,000. 61.65% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Financials ETF Stock Down 0.3%

Vanguard Financials ETF stock opened at $138.91 on Friday. Vanguard Financials ETF has a 12 month low of $116.67 and a 12 month high of $143.20. The stock has a market cap of $13.45 billion, a P/E ratio of 17.56 and a beta of 0.89. The company’s fifty day simple moving average is $139.78 and its 200-day simple moving average is $130.94.

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).