Assetmark Inc. Buys 947 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Assetmark Inc. boosted its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 66.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,381 shares of the company’s stock after purchasing an additional 947 shares during the quarter. Assetmark Inc.’s holdings in Vanguard Financials ETF were worth $262,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Family Firm Inc. bought a new position in shares of Vanguard Financials ETF during the second quarter valued at about $25,000. Rothschild Investment LLC purchased a new stake in Vanguard Financials ETF in the second quarter worth approximately $29,000. Rosenberg Matthew Hamilton bought a new position in shares of Vanguard Financials ETF during the 2nd quarter valued at $43,000. Larson Financial Group LLC grew its position in Vanguard Financials ETF by 350.0% during the 2nd quarter. Larson Financial Group LLC now owns 450 shares of the company’s stock worth $45,000 after acquiring an additional 350 shares during the last quarter. Finally, GAMMA Investing LLC bought a new stake in Vanguard Financials ETF during the 3rd quarter valued at $54,000.

Vanguard Financials ETF Stock Performance

NYSEARCA VFH opened at $122.26 on Friday. The stock has a 50 day simple moving average of $113.15 and a two-hundred day simple moving average of $106.36. Vanguard Financials ETF has a fifty-two week low of $83.87 and a fifty-two week high of $123.31. The stock has a market cap of $11.26 billion, a P/E ratio of 14.43 and a beta of 0.96.

About Vanguard Financials ETF

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).