PNC Financial Services Group Inc. Increases Stock Position in Vanguard Financials ETF (NYSEARCA:VFH)

PNC Financial Services Group Inc. grew its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 3.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 237,861 shares of the company’s stock after acquiring an additional 7,186 shares during the quarter. PNC Financial Services Group Inc. owned about 0.26% of Vanguard Financials ETF worth $28,084,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Transcend Capital Advisors LLC boosted its holdings in shares of Vanguard Financials ETF by 0.5% during the 4th quarter. Transcend Capital Advisors LLC now owns 18,148 shares of the company’s stock valued at $2,143,000 after acquiring an additional 86 shares during the last quarter. Brown Brothers Harriman & Co. lifted its stake in shares of Vanguard Financials ETF by 45.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock worth $32,000 after purchasing an additional 90 shares during the period. Kovack Advisors Inc. lifted its stake in shares of Vanguard Financials ETF by 2.7% in the 3rd quarter. Kovack Advisors Inc. now owns 3,511 shares of the company’s stock worth $386,000 after purchasing an additional 93 shares during the period. Private Wealth Advisors LLC lifted its stake in shares of Vanguard Financials ETF by 0.9% in the 3rd quarter. Private Wealth Advisors LLC now owns 11,953 shares of the company’s stock worth $1,305,000 after purchasing an additional 103 shares during the period. Finally, Consolidated Portfolio Review Corp lifted its stake in shares of Vanguard Financials ETF by 1.0% in the 4th quarter. Consolidated Portfolio Review Corp now owns 10,287 shares of the company’s stock worth $1,215,000 after purchasing an additional 104 shares during the period.

Vanguard Financials ETF Stock Down 0.4 %

Shares of NYSEARCA:VFH opened at $118.69 on Monday. The firm’s 50 day moving average price is $122.82 and its 200-day moving average price is $118.13. Vanguard Financials ETF has a twelve month low of $95.67 and a twelve month high of $127.67. The stock has a market capitalization of $11.87 billion, a PE ratio of 16.94 and a beta of 1.11.

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).