Merit Financial Group LLC Boosts Stake in Vanguard Financials ETF $VFH

Merit Financial Group LLC raised its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 1.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,395 shares of the company’s stock after purchasing an additional 786 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Financials ETF were worth $5,779,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. IVC Wealth Advisors LLC purchased a new stake in Vanguard Financials ETF in the second quarter valued at $227,000. Wealthcare Capital Partners LLC raised its position in Vanguard Financials ETF by 3.7% in the second quarter. Wealthcare Capital Partners LLC now owns 11,442 shares of the company’s stock valued at $1,457,000 after purchasing an additional 405 shares during the period. Ameriflex Group Inc. raised its position in Vanguard Financials ETF by 16.8% in the second quarter. Ameriflex Group Inc. now owns 626 shares of the company’s stock valued at $79,000 after purchasing an additional 90 shares during the period. Curran Financial Partners LLC purchased a new stake in Vanguard Financials ETF in the second quarter valued at $6,890,000. Finally, McGuire Investment Group LLC raised its position in Vanguard Financials ETF by 6.5% in the second quarter. McGuire Investment Group LLC now owns 6,174 shares of the company’s stock valued at $786,000 after purchasing an additional 379 shares during the period. Hedge funds and other institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Up 0.7%

NYSEARCA:VFH opened at $131.00 on Monday. Vanguard Financials ETF has a 52 week low of $100.87 and a 52 week high of $133.85. The company has a market capitalization of $12.92 billion, a P/E ratio of 17.56 and a beta of 1.09. The stock’s fifty day moving average is $130.01 and its two-hundred day moving average is $124.09.

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).