Northwestern Mutual Wealth Management Co. cut its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 17.5% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 166,039 shares of the company’s stock after selling 35,233 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.17% of Vanguard Financials ETF worth $8,422,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Assetmark Inc. lifted its stake in Vanguard Financials ETF by 303.8% in the fourth quarter. Assetmark Inc. now owns 420 shares of the company’s stock valued at $32,000 after acquiring an additional 316 shares during the last quarter. Firestone Capital Management acquired a new stake in shares of Vanguard Financials ETF in the fourth quarter worth $35,000. Golden State Wealth Management LLC acquired a new stake in shares of Vanguard Financials ETF in the first quarter worth $39,000. First Manhattan Co. acquired a new stake in shares of Vanguard Financials ETF in the first quarter worth $39,000. Finally, Citizens Financial Group Inc RI acquired a new stake in shares of Vanguard Financials ETF in the fourth quarter worth $46,000.
Shares of Vanguard Financials ETF stock opened at $53.95 on Friday. The firm has a fifty day simple moving average of $53.01 and a 200-day simple moving average of $66.67. Vanguard Financials ETF has a 1-year low of $42.34 and a 1-year high of $77.95.
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).
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