Traders Buy Vanguard Financials ETF (VFH) on Weakness

Investors bought shares of Vanguard Financials ETF (NYSEARCA:VFH) on weakness during trading on Thursday. $89.09 million flowed into the stock on the tick-up and $8.52 million flowed out of the stock on the tick-down, for a money net flow of $80.57 million into the stock. Of all companies tracked, Vanguard Financials ETF had the 13th highest net in-flow for the day. Vanguard Financials ETF traded down ($0.21) for the day and closed at $69.62

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VFH. UBS Group AG boosted its holdings in Vanguard Financials ETF by 6.2% in the 1st quarter. UBS Group AG now owns 2,771,924 shares of the company’s stock valued at $192,566,000 after purchasing an additional 160,997 shares during the period. Wells Fargo & Company MN boosted its holdings in Vanguard Financials ETF by 7.7% in the 1st quarter. Wells Fargo & Company MN now owns 1,389,909 shares of the company’s stock valued at $96,557,000 after purchasing an additional 99,970 shares during the period. PNC Financial Services Group Inc. boosted its holdings in Vanguard Financials ETF by 1.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 673,824 shares of the company’s stock valued at $46,810,000 after purchasing an additional 12,839 shares during the period. Royal Bank of Canada boosted its holdings in Vanguard Financials ETF by 4.1% in the 1st quarter. Royal Bank of Canada now owns 544,696 shares of the company’s stock valued at $37,839,000 after purchasing an additional 21,603 shares during the period. Finally, LPL Financial LLC boosted its holdings in Vanguard Financials ETF by 16.3% in the 1st quarter. LPL Financial LLC now owns 521,916 shares of the company’s stock valued at $36,258,000 after purchasing an additional 73,186 shares during the period.

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).

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