Empirical Asset Management LLC Purchases New Position in Vanguard Financials ETF $VFH

Empirical Asset Management LLC purchased a new stake in Vanguard Financials ETF (NYSEARCA:VFH) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 26,432 shares of the company’s stock, valued at approximately $3,469,000.

Several other institutional investors have also modified their holdings of VFH. Corient Private Wealth LLC grew its position in shares of Vanguard Financials ETF by 606.8% in the 2nd quarter. Corient Private Wealth LLC now owns 880,189 shares of the company’s stock valued at $111,992,000 after buying an additional 755,665 shares during the last quarter. Beacon Capital Management Inc. boosted its stake in Vanguard Financials ETF by 197.6% in the second quarter. Beacon Capital Management Inc. now owns 1,014,050 shares of the company’s stock valued at $129,089,000 after acquiring an additional 673,259 shares in the last quarter. Laurel Wealth Advisors LLC boosted its stake in Vanguard Financials ETF by 29,055.8% in the second quarter. Laurel Wealth Advisors LLC now owns 271,149 shares of the company’s stock valued at $34,517,000 after acquiring an additional 270,219 shares in the last quarter. PGIM Custom Harvest LLC grew its holdings in shares of Vanguard Financials ETF by 13.2% during the second quarter. PGIM Custom Harvest LLC now owns 1,376,276 shares of the company’s stock worth $175,200,000 after purchasing an additional 160,299 shares during the last quarter. Finally, Thrivent Financial for Lutherans acquired a new stake in shares of Vanguard Financials ETF during the second quarter worth about $13,494,000. Hedge funds and other institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Performance

Vanguard Financials ETF stock opened at $124.82 on Wednesday. Vanguard Financials ETF has a fifty-two week low of $100.87 and a fifty-two week high of $137.89. The company has a market capitalization of $12.53 billion, a P/E ratio of 17.56 and a beta of 1.02. The stock has a 50-day simple moving average of $132.08 and a 200-day simple moving average of $130.56.

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). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).