Trust Co. of Vermont Takes Position in Vanguard Financials ETF $VFH

Trust Co. of Vermont acquired a new position in Vanguard Financials ETF (NYSEARCA:VFH) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 6,577 shares of the company’s stock, valued at approximately $866,000.

Other large investors have also made changes to their positions in the company. Bank of America Corp DE grew its holdings in Vanguard Financials ETF by 1.6% in the 1st quarter. Bank of America Corp DE now owns 23,948,132 shares of the company’s stock valued at $2,893,174,000 after buying an additional 379,485 shares during the last quarter. Morgan Stanley boosted its position in shares of Vanguard Financials ETF by 1.0% in the fourth quarter. Morgan Stanley now owns 3,604,287 shares of the company’s stock valued at $481,137,000 after acquiring an additional 35,705 shares during the period. Wells Fargo & Company MN boosted its position in shares of Vanguard Financials ETF by 1.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,811,174 shares of the company’s stock valued at $241,774,000 after acquiring an additional 27,036 shares during the period. PGIM Custom Harvest LLC grew its stake in shares of Vanguard Financials ETF by 2.9% in the third quarter. PGIM Custom Harvest LLC now owns 1,416,698 shares of the company’s stock worth $185,927,000 after acquiring an additional 40,422 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of Vanguard Financials ETF by 6.4% in the fourth quarter. Raymond James Financial Inc. now owns 1,236,644 shares of the company’s stock worth $165,080,000 after acquiring an additional 73,925 shares during the last quarter. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Trading Up 0.3%

Shares of VFH stock opened at $141.56 on Wednesday. The firm has a market capitalization of $13.71 billion, a P/E ratio of 17.56 and a beta of 0.90. Vanguard Financials ETF has a 1 year low of $116.67 and a 1 year high of $143.01. The firm’s fifty day simple moving average is $136.64 and its 200 day simple moving average is $129.61.

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). 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).