Truist Financial Corp Has $8.43 Million Stake in Vanguard Financials ETF (NYSEARCA:VFH)

Truist Financial Corp raised its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 15.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 91,337 shares of the company’s stock after purchasing an additional 12,241 shares during the period. Truist Financial Corp’s holdings in Vanguard Financials ETF were worth $8,427,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Wetzel Investment Advisors Inc. purchased a new position in Vanguard Financials ETF in the fourth quarter valued at about $25,000. MCF Advisors LLC bought a new position in Vanguard Financials ETF during the fourth quarter valued at $31,000. McGlone Suttner Wealth Management Inc. purchased a new stake in Vanguard Financials ETF in the fourth quarter worth $32,000. Bfsg LLC bought a new stake in shares of Vanguard Financials ETF in the fourth quarter valued at $39,000. Finally, Balentine LLC purchased a new position in shares of Vanguard Financials ETF during the 3rd quarter valued at $49,000.

Vanguard Financials ETF Stock Up 0.3 %

NYSEARCA VFH opened at $98.70 on Friday. The company has a market cap of $9.09 billion, a PE ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a 52 week low of $73.87 and a 52 week high of $102.60. The firm’s 50-day simple moving average is $99.21 and its two-hundred day simple moving average is $92.36.

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).