Truist Financial Corp Increases Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Truist Financial Corp increased its position in Vanguard Financials ETF (NYSEARCA:VFH) by 12.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 102,485 shares of the company’s stock after acquiring an additional 11,447 shares during the period. Truist Financial Corp owned approximately 0.11% of Vanguard Financials ETF worth $10,236,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Family Firm Inc. purchased a new stake in shares of Vanguard Financials ETF in the second quarter valued at about $25,000. Rothschild Investment LLC acquired a new stake in Vanguard Financials ETF during the 2nd quarter valued at $29,000. Scarborough Advisors LLC purchased a new position in Vanguard Financials ETF during the fourth quarter worth $30,000. Pineridge Advisors LLC acquired a new position in shares of Vanguard Financials ETF in the fourth quarter worth $32,000. Finally, Rosenberg Matthew Hamilton purchased a new stake in shares of Vanguard Financials ETF in the second quarter valued at $43,000.

Vanguard Financials ETF Trading Up 1.7 %

Shares of VFH stock opened at $110.74 on Friday. The company has a market capitalization of $10.20 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. The firm has a 50-day moving average price of $107.33 and a 200 day moving average price of $103.04. Vanguard Financials ETF has a twelve month low of $75.71 and a twelve month high of $111.40.

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).