US Bancorp DE Grows Stock Holdings in Vanguard Financials ETF $VFH

US Bancorp DE lifted its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 29.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,089 shares of the company’s stock after buying an additional 1,850 shares during the period. US Bancorp DE’s holdings in Vanguard Financials ETF were worth $1,030,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC bought a new stake in Vanguard Financials ETF during the 2nd quarter valued at approximately $116,303,000. BNP Paribas Financial Markets raised its stake in Vanguard Financials ETF by 7,562,075.0% during the 1st quarter. BNP Paribas Financial Markets now owns 302,487 shares of the company’s stock valued at $36,138,000 after buying an additional 302,483 shares during the last quarter. Barings LLC purchased a new stake in Vanguard Financials ETF during the 1st quarter valued at $21,211,000. Ameriprise Financial Inc. grew its position in shares of Vanguard Financials ETF by 24.7% during the 1st quarter. Ameriprise Financial Inc. now owns 863,486 shares of the company’s stock valued at $103,184,000 after acquiring an additional 171,219 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard Financials ETF by 47.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 418,997 shares of the company’s stock valued at $50,058,000 after acquiring an additional 134,594 shares during the period. 61.65% of the stock is owned by institutional investors.

Vanguard Financials ETF Price Performance

Shares of VFH stock opened at $126.82 on Friday. The company has a market cap of $12.70 billion, a price-to-earnings ratio of 17.56 and a beta of 1.09. The firm has a fifty day moving average price of $130.35 and a 200-day moving average price of $124.65. Vanguard Financials ETF has a 1 year low of $100.87 and a 1 year high of $133.85.

Vanguard Financials ETF 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).