Madison Asset Management LLC Has $8.16 Million Stake in Vanguard Financials ETF $VFH

Madison Asset Management LLC boosted its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 18.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 62,208 shares of the company’s stock after buying an additional 9,583 shares during the quarter. Madison Asset Management LLC owned approximately 0.06% of Vanguard Financials ETF worth $8,164,000 as of its most recent SEC filing.

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

Vanguard Financials ETF Stock Down 1.6%

VFH opened at $129.38 on Thursday. Vanguard Financials ETF has a twelve month low of $100.87 and a twelve month high of $137.89. The company has a fifty day moving average of $133.07 and a 200-day moving average of $130.55. The stock has a market cap of $12.98 billion, a PE ratio of 17.56 and a beta of 1.02.

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).