3,701 Vanguard Financials ETF $VFH Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp cut its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 2.8% during the third quarter, Holdings Channel.com reports. The institutional investor owned 130,113 shares of the company’s stock after selling 3,701 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Financials ETF were worth $16,926,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Bank of America Corp DE increased its holdings in shares of Vanguard Financials ETF by 1.6% in the first quarter. Bank of America Corp DE now owns 23,948,132 shares of the company’s stock valued at $2,893,174,000 after purchasing an additional 379,485 shares during the period. Royal Bank of Canada raised its stake in shares of Vanguard Financials ETF by 9.4% in the first quarter. Royal Bank of Canada now owns 579,925 shares of the company’s stock worth $70,061,000 after purchasing an additional 49,666 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Vanguard Financials ETF by 7.6% in the second quarter. Envestnet Asset Management Inc. now owns 485,154 shares of the company’s stock worth $63,846,000 after purchasing an additional 34,350 shares during the last quarter. Lido Advisors LLC raised its stake in shares of Vanguard Financials ETF by 10.3% in the third quarter. Lido Advisors LLC now owns 380,112 shares of the company’s stock worth $49,449,000 after purchasing an additional 35,619 shares during the last quarter. Finally, TD Waterhouse Canada Inc. raised its stake in shares of Vanguard Financials ETF by 3.9% in the second quarter. TD Waterhouse Canada Inc. now owns 221,005 shares of the company’s stock worth $29,692,000 after purchasing an additional 8,213 shares during the last quarter. 61.65% of the stock is owned by hedge funds and other institutional investors.

Vanguard Financials ETF Price Performance

VFH stock opened at $141.79 on Friday. The company has a market capitalization of $13.76 billion, a P/E ratio of 15.76 and a beta of 0.89. Vanguard Financials ETF has a 12 month low of $116.67 and a 12 month high of $145.50. The firm’s fifty day simple moving average is $136.18 and its 200-day simple moving average is $131.98.

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). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).