QRG Capital Management Inc. Has $511,000 Stake in Vanguard Financials ETF $VFH

QRG Capital Management Inc. lowered its position in Vanguard Financials ETF (NYSEARCA:VFH) by 6.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 4,017 shares of the company’s stock after selling 299 shares during the period. QRG Capital Management Inc.’s holdings in Vanguard Financials ETF were worth $511,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC bought a new stake in shares of Vanguard Financials ETF in the 2nd quarter valued at $116,303,000. BNP Paribas Financial Markets increased its stake in shares of Vanguard Financials ETF by 7,562,075.0% in the 1st quarter. BNP Paribas Financial Markets now owns 302,487 shares of the company’s stock valued at $36,138,000 after acquiring an additional 302,483 shares in the last quarter. Barings LLC bought a new stake in shares of Vanguard Financials ETF in the 1st quarter valued at $21,211,000. Ameriprise Financial Inc. increased its stake in shares of Vanguard Financials ETF by 24.7% in the 1st quarter. Ameriprise Financial Inc. now owns 863,486 shares of the company’s stock valued at $103,184,000 after acquiring an additional 171,219 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard Financials ETF by 47.3% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 418,997 shares of the company’s stock valued at $50,058,000 after acquiring an additional 134,594 shares in the last quarter. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Down 2.3%

NYSEARCA:VFH opened at $126.88 on Friday. The company has a fifty day moving average of $130.19 and a 200-day moving average of $124.36. The firm has a market capitalization of $12.71 billion, a P/E ratio of 17.56 and a beta of 1.09. Vanguard Financials ETF has a twelve month low of $100.87 and a twelve month high of $133.85.

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).