Vanguard Financials ETF (NYSEARCA:VFH) Position Lifted by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 4.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 924,677 shares of the company’s stock after purchasing an additional 41,153 shares during the period. JPMorgan Chase & Co. owned 1.00% of Vanguard Financials ETF worth $101,631,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of VFH. Bank of New York Mellon Corp lifted its holdings in Vanguard Financials ETF by 13.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,982 shares of the company’s stock worth $597,000 after buying an additional 721 shares during the last quarter. Rothschild Investment LLC bought a new stake in Vanguard Financials ETF during the second quarter valued at $29,000. Natixis Advisors LLC acquired a new stake in shares of Vanguard Financials ETF during the second quarter worth $2,126,000. TIAA Trust National Association lifted its position in shares of Vanguard Financials ETF by 4.6% in the 2nd quarter. TIAA Trust National Association now owns 9,187 shares of the company’s stock worth $918,000 after buying an additional 406 shares during the last quarter. Finally, Foundations Investment Advisors LLC boosted its holdings in shares of Vanguard Financials ETF by 3.1% in the 2nd quarter. Foundations Investment Advisors LLC now owns 32,935 shares of the company’s stock valued at $3,290,000 after buying an additional 988 shares during the period.

Vanguard Financials ETF Stock Down 0.2 %

VFH opened at $117.83 on Friday. The company’s 50-day moving average price is $120.46 and its 200 day moving average price is $111.42. Vanguard Financials ETF has a fifty-two week low of $90.02 and a fifty-two week high of $126.85. The firm has a market cap of $10.85 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96.

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).