Saxon Interests Inc. Purchases Shares of 6,764 Vanguard Financials ETF (NYSEARCA:VFH)

Saxon Interests Inc. purchased a new position in shares of Vanguard Financials ETF (NYSEARCA:VFH) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 6,764 shares of the company’s stock, valued at approximately $799,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Financials ETF by 4.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 924,677 shares of the company’s stock worth $101,631,000 after acquiring an additional 41,153 shares during the period. Synovus Financial Corp boosted its stake in Vanguard Financials ETF by 97.8% in the 3rd quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock valued at $48,714,000 after buying an additional 219,120 shares in the last quarter. Stifel Financial Corp grew its position in Vanguard Financials ETF by 2.0% in the third quarter. Stifel Financial Corp now owns 433,070 shares of the company’s stock valued at $47,599,000 after acquiring an additional 8,462 shares during the period. KCM Investment Advisors LLC increased its position in shares of Vanguard Financials ETF by 0.5% during the 3rd quarter. KCM Investment Advisors LLC now owns 358,998 shares of the company’s stock worth $39,458,000 after purchasing an additional 1,706 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Financials ETF by 7.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 254,006 shares of the company’s stock valued at $25,370,000 after purchasing an additional 17,027 shares during the last quarter.

Vanguard Financials ETF Trading Up 0.2 %

Shares of Vanguard Financials ETF stock opened at $121.97 on Friday. The stock has a market capitalization of $11.23 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. The firm’s 50-day moving average price is $121.14 and its two-hundred day moving average price is $112.70. Vanguard Financials ETF has a 1-year low of $90.03 and a 1-year high of $126.85.

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).