Janney Montgomery Scott LLC Acquires 9,650 Shares of Vanguard Financials ETF $VFH

Janney Montgomery Scott LLC grew its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 6.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 151,450 shares of the company’s stock after acquiring an additional 9,650 shares during the period. Janney Montgomery Scott LLC owned 0.15% of Vanguard Financials ETF worth $18,297,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Bank of America Corp DE lifted its holdings in Vanguard Financials ETF by 0.6% during the 4th quarter. Bank of America Corp DE now owns 23,568,647 shares of the company’s stock worth $3,146,179,000 after purchasing an additional 131,154 shares in the last quarter. Morgan Stanley grew its holdings in Vanguard Financials ETF by 1.0% during the 4th quarter. Morgan Stanley now owns 3,604,287 shares of the company’s stock valued at $481,137,000 after buying an additional 35,705 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Vanguard Financials ETF by 1.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,811,174 shares of the company’s stock valued at $241,774,000 after buying an additional 27,036 shares during the period. PGIM Custom Harvest LLC increased its position in shares of Vanguard Financials ETF by 2.9% during the third quarter. PGIM Custom Harvest LLC now owns 1,416,698 shares of the company’s stock valued at $185,927,000 after buying an additional 40,422 shares during the period. Finally, Raymond James Financial Inc. lifted its holdings in shares of Vanguard Financials ETF by 6.4% in the fourth quarter. Raymond James Financial Inc. now owns 1,236,644 shares of the company’s stock worth $165,080,000 after buying an additional 73,925 shares in the last quarter. 61.65% of the stock is owned by institutional investors.

Vanguard Financials ETF Trading Down 0.1%

Shares of Vanguard Financials ETF stock opened at $131.60 on Wednesday. The company’s 50-day moving average price is $128.28 and its 200-day moving average price is $128.35. Vanguard Financials ETF has a 12-month low of $116.67 and a 12-month high of $137.89. The company has a market cap of $13.38 billion, a price-to-earnings ratio of 17.56 and a beta of 0.90.

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). 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).