Clear Creek Financial Management LLC Purchases Shares of 20,620 Vanguard Financials ETF $VFH

Clear Creek Financial Management LLC purchased a new stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 20,620 shares of the company’s stock, valued at approximately $2,625,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PGIM Custom Harvest LLC grew its stake in shares of Vanguard Financials ETF by 2.7% in the first quarter. PGIM Custom Harvest LLC now owns 1,215,977 shares of the company’s stock worth $145,273,000 after acquiring an additional 31,634 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Financials ETF by 1.2% in the first quarter. Envestnet Asset Management Inc. now owns 1,038,465 shares of the company’s stock worth $124,065,000 after acquiring an additional 11,970 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Vanguard Financials ETF in the second quarter worth $116,303,000. Ameriprise Financial Inc. grew its stake in shares of Vanguard Financials ETF by 24.7% in the first quarter. Ameriprise Financial Inc. now owns 863,486 shares of the company’s stock worth $103,184,000 after acquiring an additional 171,219 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of Vanguard Financials ETF by 3.7% in the first quarter. LPL Financial LLC now owns 785,932 shares of the company’s stock worth $93,895,000 after acquiring an additional 27,677 shares during the last quarter. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Trading Down 0.4%

Shares of Vanguard Financials ETF stock opened at $130.41 on Thursday. The company’s fifty day simple moving average is $130.12 and its 200-day simple moving average is $124.27. The company has a market cap of $13.06 billion, a price-to-earnings ratio of 17.56 and a beta of 1.09. Vanguard Financials ETF has a 1 year low of $100.87 and a 1 year high of $133.85.

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).