Vanguard Financials ETF $VFH Stake Raised by NRI Wealth Management LC

NRI Wealth Management LC increased its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 9.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,621 shares of the company’s stock after buying an additional 2,839 shares during the quarter. Vanguard Financials ETF comprises 2.6% of NRI Wealth Management LC’s portfolio, making the stock its 11th largest holding. NRI Wealth Management LC’s holdings in Vanguard Financials ETF were worth $4,280,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Wayfinding Financial LLC bought a new position in shares of Vanguard Financials ETF in the first quarter worth $29,000. Briaud Financial Planning Inc acquired a new stake in Vanguard Financials ETF in the first quarter worth about $34,000. American National Bank & Trust bought a new position in Vanguard Financials ETF in the 2nd quarter valued at about $37,000. Grove Bank & Trust acquired a new position in Vanguard Financials ETF during the 2nd quarter valued at about $38,000. Finally, Banque Transatlantique SA bought a new stake in shares of Vanguard Financials ETF during the 1st quarter worth about $39,000. 61.65% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Financials ETF Trading Down 0.9%

Shares of NYSEARCA:VFH opened at $130.05 on Thursday. The company has a 50 day moving average of $129.98 and a 200-day moving average of $123.86. The firm has a market cap of $12.78 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).