Marmo Financial Group LLC Has $13.46 Million Holdings in Vanguard Financials ETF $VFH

Marmo Financial Group LLC boosted its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 8.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,566 shares of the company’s stock after acquiring an additional 8,013 shares during the period. Vanguard Financials ETF comprises about 6.5% of Marmo Financial Group LLC’s portfolio, making the stock its 6th largest position. Marmo Financial Group LLC owned approximately 0.10% of Vanguard Financials ETF worth $13,461,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Capital Square LLC lifted its position in shares of Vanguard Financials ETF by 3.5% in the 2nd quarter. Capital Square LLC now owns 2,498 shares of the company’s stock worth $318,000 after purchasing an additional 84 shares during the period. Global Financial Private Client LLC lifted its holdings in Vanguard Financials ETF by 5.7% during the second quarter. Global Financial Private Client LLC now owns 1,585 shares of the company’s stock worth $202,000 after buying an additional 85 shares during the period. Oldfather Financial Services LLC boosted its position in Vanguard Financials ETF by 4.3% during the 2nd quarter. Oldfather Financial Services LLC now owns 2,047 shares of the company’s stock valued at $261,000 after acquiring an additional 85 shares in the last quarter. PFG Advisors increased its holdings in shares of Vanguard Financials ETF by 2.3% in the 2nd quarter. PFG Advisors now owns 3,960 shares of the company’s stock valued at $504,000 after acquiring an additional 88 shares during the period. Finally, Ameriflex Group Inc. raised its position in shares of Vanguard Financials ETF by 16.8% in the 2nd quarter. Ameriflex Group Inc. now owns 626 shares of the company’s stock worth $79,000 after acquiring an additional 90 shares in the last quarter. Hedge funds and other institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Price Performance

Shares of NYSEARCA VFH opened at $136.16 on Friday. Vanguard Financials ETF has a 1-year low of $100.87 and a 1-year high of $137.89. The business has a fifty day moving average price of $131.32 and a 200 day moving average price of $129.95. The stock has a market capitalization of $13.66 billion, a P/E ratio of 17.56 and a beta of 1.02.

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). 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).