Assetmark Inc. Has $5.96 Million Stake in Vanguard Financials ETF $VFH

Assetmark Inc. lifted its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 116.8% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 49,357 shares of the company’s stock after buying an additional 26,589 shares during the quarter. Assetmark Inc.’s holdings in Vanguard Financials ETF were worth $5,963,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in VFH. Jessup Wealth Management Inc acquired a new stake in shares of Vanguard Financials ETF in the 4th quarter valued at $27,000. Proathlete Wealth Management LLC increased its stake in shares of Vanguard Financials ETF by 2,775.0% in the fourth quarter. Proathlete Wealth Management LLC now owns 230 shares of the company’s stock valued at $31,000 after buying an additional 222 shares during the period. SHP Wealth Management acquired a new position in shares of Vanguard Financials ETF in the 4th quarter worth approximately $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Vanguard Financials ETF during the 4th quarter worth about $39,000. Finally, Evergreen Advisors LLC bought a new position in shares of Vanguard Financials ETF during the 1st quarter worth approximately $42,000. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Price Performance

Shares of VFH opened at $137.44 on Wednesday. The company has a market cap of $13.31 billion, a PE ratio of 17.56 and a beta of 0.90. Vanguard Financials ETF has a one year low of $116.67 and a one year high of $139.50. The stock has a 50-day moving average of $131.12 and a 200-day moving average of $128.61.

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). 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).