M&T Bank Corp Cuts Position in Vanguard Financials ETF (NYSEARCA:VFH)
by Kim Johansen · The Markets DailyM&T Bank Corp trimmed its position in shares of Vanguard Financials ETF (NYSEARCA:VFH – Free Report) by 8.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 363,441 shares of the company’s stock after selling 31,613 shares during the period. M&T Bank Corp’s holdings in Vanguard Financials ETF were worth $39,946,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Family Firm Inc. purchased a new stake in Vanguard Financials ETF during the second quarter valued at $25,000. Rothschild Investment LLC bought a new stake in shares of Vanguard Financials ETF in the 2nd quarter worth about $29,000. Brown Brothers Harriman & Co. increased its holdings in shares of Vanguard Financials ETF by 45.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock worth $32,000 after buying an additional 90 shares during the last quarter. Rosenberg Matthew Hamilton purchased a new stake in shares of Vanguard Financials ETF during the 2nd quarter valued at about $43,000. Finally, Larson Financial Group LLC lifted its holdings in shares of Vanguard Financials ETF by 350.0% in the 2nd quarter. Larson Financial Group LLC now owns 450 shares of the company’s stock valued at $45,000 after acquiring an additional 350 shares during the last quarter.
Vanguard Financials ETF Price Performance
Shares of NYSEARCA VFH opened at $118.10 on Friday. Vanguard Financials ETF has a 1-year low of $90.02 and a 1-year high of $126.85. The business’s 50 day moving average is $119.77 and its two-hundred day moving average is $110.22. The stock has a market capitalization of $10.88 billion, a P/E ratio of 14.43 and a beta of 0.96.
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).
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