TIAA Trust National Association Decreases Position in Vanguard Financials ETF $VFH

TIAA Trust National Association trimmed its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 8.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,586 shares of the company’s stock after selling 702 shares during the period. TIAA Trust National Association’s holdings in Vanguard Financials ETF were worth $966,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in VFH. Kingstone Capital Partners Texas LLC purchased a new position in shares of Vanguard Financials ETF during the second quarter valued at approximately $116,303,000. BNP Paribas Financial Markets raised its holdings in shares of Vanguard Financials ETF by 7,562,075.0% during the first quarter. BNP Paribas Financial Markets now owns 302,487 shares of the company’s stock valued at $36,138,000 after purchasing an additional 302,483 shares during the last quarter. Barings LLC purchased a new position in shares of Vanguard Financials ETF during the first quarter valued at approximately $21,211,000. Ameriprise Financial Inc. raised its holdings in shares of Vanguard Financials ETF by 24.7% during the first quarter. Ameriprise Financial Inc. now owns 863,486 shares of the company’s stock valued at $103,184,000 after purchasing an additional 171,219 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Financials ETF by 47.3% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 418,997 shares of the company’s stock valued at $50,058,000 after purchasing an additional 134,594 shares during the last quarter. 61.65% of the stock is owned by hedge funds and other institutional investors.

Vanguard Financials ETF Stock Up 0.4%

VFH opened at $127.64 on Wednesday. The firm has a 50 day moving average price of $130.10 and a 200-day moving average price of $126.41. Vanguard Financials ETF has a twelve month low of $100.87 and a twelve month high of $133.85. The stock has a market capitalization of $12.78 billion, a price-to-earnings ratio of 17.56 and a beta of 1.02.

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).