Northwestern Mutual Wealth Management Co. Grows Stock Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 7.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 254,006 shares of the company’s stock after acquiring an additional 17,027 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.28% of Vanguard Financials ETF worth $25,370,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in VFH. Beacon Capital Management Inc. increased its holdings in Vanguard Financials ETF by 206.2% during the 1st quarter. Beacon Capital Management Inc. now owns 1,671,708 shares of the company’s stock worth $169,729,000 after acquiring an additional 1,125,795 shares during the period. Morningstar Investment Services LLC increased its holdings in shares of Vanguard Financials ETF by 62.1% in the fourth quarter. Morningstar Investment Services LLC now owns 818,619 shares of the company’s stock worth $75,861,000 after purchasing an additional 313,649 shares during the period. LPL Financial LLC boosted its stake in Vanguard Financials ETF by 9.1% during the second quarter. LPL Financial LLC now owns 652,973 shares of the company’s stock valued at $65,219,000 after buying an additional 54,206 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in Vanguard Financials ETF by 4.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 600,815 shares of the company’s stock worth $60,009,000 after buying an additional 25,730 shares in the last quarter. Finally, Raymond James & Associates increased its stake in Vanguard Financials ETF by 9.4% in the 2nd quarter. Raymond James & Associates now owns 471,964 shares of the company’s stock worth $47,140,000 after acquiring an additional 40,730 shares during the last quarter.

Vanguard Financials ETF Stock Up 0.3 %

NYSEARCA:VFH opened at $109.91 on Tuesday. Vanguard Financials ETF has a twelve month low of $75.71 and a twelve month high of $111.40. The stock has a market cap of $10.12 billion, a P/E ratio of 14.43 and a beta of 0.96. The business’s 50-day moving average price is $106.89 and its two-hundred day moving average price is $102.71.

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).