Fifth Third Bancorp Raises Stock Position in Vanguard Financials ETF $VFH

Fifth Third Bancorp boosted its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 49.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 136,333 shares of the company’s stock after purchasing an additional 45,129 shares during the period. Fifth Third Bancorp owned approximately 0.13% of Vanguard Financials ETF worth $16,470,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Jane Street Group LLC increased its position in Vanguard Financials ETF by 124.9% during the first quarter. Jane Street Group LLC now owns 9,345 shares of the company’s stock valued at $1,116,000 after acquiring an additional 5,190 shares during the last quarter. Focus Partners Wealth grew its stake in shares of Vanguard Financials ETF by 10.5% during the 1st quarter. Focus Partners Wealth now owns 7,821 shares of the company’s stock valued at $934,000 after purchasing an additional 743 shares during the period. Brown Advisory Inc. lifted its stake in shares of Vanguard Financials ETF by 8.8% in the 2nd quarter. Brown Advisory Inc. now owns 6,664 shares of the company’s stock worth $848,000 after purchasing an additional 540 shares during the period. Cerity Partners LLC boosted its holdings in shares of Vanguard Financials ETF by 8.4% in the second quarter. Cerity Partners LLC now owns 22,736 shares of the company’s stock worth $2,894,000 after buying an additional 1,759 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of Vanguard Financials ETF by 1,765.2% in the second quarter. Qube Research & Technologies Ltd now owns 9,587 shares of the company’s stock worth $1,220,000 after buying an additional 9,073 shares during the last quarter. Institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Trading Up 0.3%

Shares of NYSEARCA VFH opened at $137.61 on Wednesday. Vanguard Financials ETF has a 12-month low of $116.67 and a 12-month high of $138.96. The firm has a market capitalization of $13.33 billion, a price-to-earnings ratio of 17.56 and a beta of 0.90. The firm has a 50 day moving average of $129.97 and a 200 day moving average of $128.50.

About Vanguard Financials ETF

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).