Thrivent Financial for Lutherans Takes Position in Vanguard Financials ETF $VFH

Thrivent Financial for Lutherans purchased a new stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 126,162 shares of the company’s stock, valued at approximately $16,841,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HighTower Advisors LLC increased its stake in shares of Vanguard Financials ETF by 8.5% in the 3rd quarter. HighTower Advisors LLC now owns 137,475 shares of the company’s stock worth $18,042,000 after acquiring an additional 10,751 shares in the last quarter. Bank of America Corp DE lifted its position in Vanguard Financials ETF by 2.3% during the 3rd quarter. Bank of America Corp DE now owns 23,437,493 shares of the company’s stock valued at $3,075,937,000 after acquiring an additional 526,682 shares during the period. Lido Advisors LLC boosted its stake in Vanguard Financials ETF by 69.0% during the third quarter. Lido Advisors LLC now owns 294,498 shares of the company’s stock worth $38,650,000 after acquiring an additional 120,224 shares in the last quarter. Clear Creek Financial Management LLC grew its holdings in Vanguard Financials ETF by 17.7% in the fourth quarter. Clear Creek Financial Management LLC now owns 39,434 shares of the company’s stock worth $5,264,000 after purchasing an additional 5,943 shares during the period. Finally, Elm Partners Management LLC grew its holdings in Vanguard Financials ETF by 125.6% in the third quarter. Elm Partners Management LLC now owns 20,825 shares of the company’s stock worth $2,733,000 after purchasing an additional 11,594 shares during the period. 61.65% of the stock is owned by hedge funds and other institutional investors.

Vanguard Financials ETF Stock Performance

Shares of NYSEARCA VFH opened at $126.77 on Tuesday. The company has a 50 day simple moving average of $124.04 and a two-hundred day simple moving average of $128.21. Vanguard Financials ETF has a fifty-two week low of $116.67 and a fifty-two week high of $137.89. The company has a market capitalization of $12.89 billion, a price-to-earnings ratio of 17.56 and a beta of 0.92.

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).