Vanguard Financials ETF (NYSEARCA:VFH) Shares Purchased by National Asset Management Inc.
National Asset Management Inc. raised its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 102.0% during the second quarter, Holdings Channel.com reports. The institutional investor owned 9,621 shares of the company’s stock after buying an additional 4,859 shares during the period. National Asset Management Inc.’s holdings in Vanguard Financials ETF were worth $664,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Beacon Capital Management Inc. lifted its stake in shares of Vanguard Financials ETF by 28.9% during the 2nd quarter. Beacon Capital Management Inc. now owns 2,443,361 shares of the company’s stock worth $168,616,000 after purchasing an additional 547,873 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Financials ETF by 106.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 473,361 shares of the company’s stock worth $30,551,000 after purchasing an additional 244,346 shares during the period. Joseph P. Lucia & Associates LLC purchased a new position in shares of Vanguard Financials ETF during the 1st quarter worth $2,545,000. Starr International Co. Inc. purchased a new position in shares of Vanguard Financials ETF during the 1st quarter worth $4,776,000. Finally, Private Advisory Group LLC purchased a new position in shares of Vanguard Financials ETF during the 2nd quarter worth $3,490,000.
Shares of Vanguard Financials ETF stock traded down $0.01 during trading hours on Friday, reaching $67.13. 460 shares of the company’s stock were exchanged, compared to its average volume of 651,604. Vanguard Financials ETF has a 52-week low of $55.16 and a 52-week high of $72.97. The company has a fifty day moving average of $69.19 and a 200-day moving average of $67.67.
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).
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