LPL Financial LLC Has $132.36 Million Stake in Vanguard Financials ETF $VFH

LPL Financial LLC raised its position in Vanguard Financials ETF (NYSEARCA:VFH) by 2.1% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 991,496 shares of the company’s stock after purchasing an additional 20,587 shares during the period. LPL Financial LLC’s holdings in Vanguard Financials ETF were worth $132,355,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the stock. Money Concepts Capital Corp lifted its position in shares of Vanguard Financials ETF by 4.7% during the 4th quarter. Money Concepts Capital Corp now owns 1,740 shares of the company’s stock valued at $232,000 after acquiring an additional 78 shares during the period. Valeo Financial Advisors LLC lifted its position in shares of Vanguard Financials ETF by 1.2% during the 4th quarter. Valeo Financial Advisors LLC now owns 6,846 shares of the company’s stock valued at $914,000 after acquiring an additional 83 shares during the period. NBC Securities Inc. lifted its position in shares of Vanguard Financials ETF by 12.0% during the 4th quarter. NBC Securities Inc. now owns 784 shares of the company’s stock valued at $105,000 after acquiring an additional 84 shares during the period. Koshinski Asset Management Inc. lifted its position in shares of Vanguard Financials ETF by 1.8% during the 3rd quarter. Koshinski Asset Management Inc. now owns 4,880 shares of the company’s stock valued at $640,000 after acquiring an additional 86 shares during the period. Finally, Alteri Wealth LLC lifted its position in shares of Vanguard Financials ETF by 4.8% during the 3rd quarter. Alteri Wealth LLC now owns 1,888 shares of the company’s stock valued at $248,000 after acquiring an additional 87 shares during the period. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Down 0.4%

Vanguard Financials ETF stock opened at $128.19 on Thursday. Vanguard Financials ETF has a 12-month low of $116.67 and a 12-month high of $137.89. The firm’s fifty day moving average is $126.30 and its 200 day moving average is $128.15. The company has a market capitalization of $13.03 billion, a PE ratio of 17.56 and a beta of 0.90.

Vanguard Financials ETF Company 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).