LPL Financial LLC Has $93.90 Million Stock Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

LPL Financial LLC grew its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 3.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 785,932 shares of the company’s stock after buying an additional 27,677 shares during the period. LPL Financial LLC owned 0.80% of Vanguard Financials ETF worth $93,895,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Nomura Asset Management Co. Ltd. acquired a new stake in Vanguard Financials ETF during the fourth quarter worth approximately $2,137,000. Brown Brothers Harriman & Co. grew its stake in Vanguard Financials ETF by 616.2% during the fourth quarter. Brown Brothers Harriman & Co. now owns 2,077 shares of the company’s stock worth $245,000 after purchasing an additional 1,787 shares during the period. O Shaughnessy Asset Management LLC grew its stake in Vanguard Financials ETF by 14.6% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 10,874 shares of the company’s stock worth $1,284,000 after purchasing an additional 1,387 shares during the period. RFG Bristol Wealth Advisors LLC acquired a new stake in Vanguard Financials ETF during the fourth quarter worth approximately $215,000. Finally, Disciplined Investors L.L.C. acquired a new stake in Vanguard Financials ETF during the fourth quarter worth approximately $1,599,000. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Price Performance

NYSEARCA VFH opened at $128.86 on Wednesday. The business has a 50 day simple moving average of $125.34 and a 200 day simple moving average of $121.63. Vanguard Financials ETF has a one year low of $98.47 and a one year high of $130.43. The stock has a market capitalization of $12.70 billion, a P/E ratio of 17.56 and a beta of 1.09.

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).