Bank of New York Mellon Corp Has $597,000 Stock Position in Vanguard Financials ETF (NYSEARCA:VFH)

Bank of New York Mellon Corp grew its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 13.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,982 shares of the company’s stock after purchasing an additional 721 shares during the period. Bank of New York Mellon Corp’s holdings in Vanguard Financials ETF were worth $597,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Family Firm Inc. bought a new position in shares of Vanguard Financials ETF in the second quarter valued at $25,000. Scarborough Advisors LLC acquired a new position in Vanguard Financials ETF during the fourth quarter worth approximately $30,000. Pineridge Advisors LLC bought a new stake in Vanguard Financials ETF in the fourth quarter valued at approximately $32,000. Assetmark Inc. lifted its position in shares of Vanguard Financials ETF by 264.3% in the fourth quarter. Assetmark Inc. now owns 510 shares of the company’s stock valued at $47,000 after buying an additional 370 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new position in shares of Vanguard Financials ETF during the 1st quarter worth approximately $61,000.

Vanguard Financials ETF Price Performance

Shares of Vanguard Financials ETF stock opened at $110.88 on Tuesday. The business has a fifty day simple moving average of $106.59 and a two-hundred day simple moving average of $102.42. The company has a market capitalization of $10.21 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a 1 year low of $75.71 and a 1 year high of $111.40.

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).