Allianz SE Buys 136,764 Shares of Vanguard Financials ETF $VFH

Allianz SE boosted its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 297,313.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 136,810 shares of the company’s stock after buying an additional 136,764 shares during the quarter. Allianz SE owned 0.14% of Vanguard Financials ETF worth $17,955,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Steigerwald Gordon & Koch Inc. purchased a new position in shares of Vanguard Financials ETF during the 3rd quarter worth about $27,000. JDM Financial Group LLC purchased a new stake in Vanguard Financials ETF in the 3rd quarter worth about $31,000. First Horizon Corp bought a new stake in Vanguard Financials ETF in the third quarter worth about $37,000. Barnes Dennig Private Wealth Management LLC bought a new stake in Vanguard Financials ETF in the third quarter worth about $46,000. Finally, Tripletail Wealth Management LLC purchased a new position in shares of Vanguard Financials ETF during the third quarter valued at approximately $48,000. Hedge funds and other institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Performance

Shares of NYSEARCA VFH opened at $125.56 on Friday. 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 cap of $12.60 billion, a price-to-earnings ratio of 17.56 and a beta of 1.02. The business’s 50 day moving average price is $131.72 and its 200-day moving average price is $130.51.

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).