Fifth Third Bancorp Sells 3,701 Shares of Vanguard Financials ETF $VFH

Fifth Third Bancorp cut its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 2.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 130,113 shares of the company’s stock after selling 3,701 shares during the period. Fifth Third Bancorp owned approximately 0.13% of Vanguard Financials ETF worth $16,926,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in Vanguard Financials ETF by 1.6% during the first quarter. Bank of America Corp DE now owns 23,948,132 shares of the company’s stock worth $2,893,174,000 after acquiring an additional 379,485 shares during the last quarter. Royal Bank of Canada raised its position in Vanguard Financials ETF by 9.4% during the first quarter. Royal Bank of Canada now owns 579,925 shares of the company’s stock valued at $70,061,000 after purchasing an additional 49,666 shares during the period. Envestnet Asset Management Inc. raised its position in Vanguard Financials ETF by 7.6% during the second quarter. Envestnet Asset Management Inc. now owns 485,154 shares of the company’s stock valued at $63,846,000 after purchasing an additional 34,350 shares during the period. Lido Advisors LLC lifted its stake in shares of Vanguard Financials ETF by 10.3% in the 3rd quarter. Lido Advisors LLC now owns 380,112 shares of the company’s stock valued at $49,449,000 after purchasing an additional 35,619 shares during the last quarter. Finally, TD Waterhouse Canada Inc. lifted its stake in shares of Vanguard Financials ETF by 3.9% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 221,005 shares of the company’s stock valued at $29,692,000 after purchasing an additional 8,213 shares during the last quarter. Hedge funds and other institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Performance

NYSEARCA VFH opened at $141.79 on Friday. The business’s 50 day moving average price is $136.18 and its 200-day moving average price is $131.98. Vanguard Financials ETF has a fifty-two week low of $116.67 and a fifty-two week high of $145.50. The company has a market cap of $13.76 billion, a P/E ratio of 15.76 and a beta of 0.89.

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).