Assetmark Inc. Purchases 26,589 Shares of Vanguard Financials ETF $VFH

Assetmark Inc. boosted its position in Vanguard Financials ETF (NYSEARCA:VFH) by 116.8% during the first quarter, HoldingsChannel reports. The fund owned 49,357 shares of the company’s stock after buying an additional 26,589 shares during the quarter. Assetmark Inc.’s holdings in Vanguard Financials ETF were worth $5,963,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in VFH. Two Sigma Investments LP boosted its position in shares of Vanguard Financials ETF by 60.3% in the third quarter. Two Sigma Investments LP now owns 554,500 shares of the company’s stock valued at $72,773,000 after acquiring an additional 208,500 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in shares of Vanguard Financials ETF by 1,059.9% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 189,392 shares of the company’s stock valued at $24,856,000 after buying an additional 173,064 shares in the last quarter. Ameritas Advisory Services LLC raised its stake in shares of Vanguard Financials ETF by 5,104.1% during the fourth quarter. Ameritas Advisory Services LLC now owns 175,274 shares of the company’s stock worth $23,397,000 after acquiring an additional 171,906 shares in the last quarter. Corient Private Wealth LLC lifted its stake in Vanguard Financials ETF by 109.0% in the second quarter. Corient Private Wealth LLC now owns 260,248 shares of the company’s stock worth $33,130,000 after purchasing an additional 135,724 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in Vanguard Financials ETF by 0.6% in the 4th quarter. Bank of America Corp DE now owns 23,568,647 shares of the company’s stock worth $3,146,179,000 after purchasing an additional 131,154 shares during the period. Hedge funds and other institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Up 0.1%

Shares of Vanguard Financials ETF stock opened at $137.44 on Wednesday. The company’s fifty day simple moving average is $131.12 and its two-hundred day simple moving average is $128.61. The firm has a market cap of $13.31 billion, a PE ratio of 17.56 and a beta of 0.90. Vanguard Financials ETF has a 12-month low of $116.67 and a 12-month high of $139.50.

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). 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).