Joule Financial LLC Boosts Stake in Vanguard Financials ETF $VFH

Joule Financial LLC boosted its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 2.7% in the 2nd quarter, Holdings Channel reports. The fund owned 25,690 shares of the company’s stock after acquiring an additional 664 shares during the quarter. Vanguard Financials ETF accounts for 1.1% of Joule Financial LLC’s holdings, making the stock its 17th largest holding. Joule Financial LLC’s holdings in Vanguard Financials ETF were worth $3,270,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC acquired a new position in shares of Vanguard Financials ETF during the 2nd quarter worth approximately $116,303,000. BNP Paribas Financial Markets lifted its position in Vanguard Financials ETF by 7,562,075.0% during the first quarter. BNP Paribas Financial Markets now owns 302,487 shares of the company’s stock worth $36,138,000 after buying an additional 302,483 shares in the last quarter. Barings LLC acquired a new position in Vanguard Financials ETF during the first quarter worth $21,211,000. Ameriprise Financial Inc. grew its holdings in 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 buying 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 worth $50,058,000 after acquiring an additional 134,594 shares during the last quarter. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Up 0.7%

NYSEARCA VFH opened at $131.00 on Monday. The business’s fifty day simple moving average is $130.01 and its 200-day simple moving average is $124.09. The firm has a market cap of $12.92 billion, a PE ratio of 17.56 and a beta of 1.09. Vanguard Financials ETF has a 52 week low of $100.87 and a 52 week high of $133.85.

Vanguard Financials ETF 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).