KCM Investment Advisors LLC Increases Stock Position in Vanguard Financials ETF (NYSEARCA:VFH)

KCM Investment Advisors LLC raised its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 0.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 358,998 shares of the company’s stock after purchasing an additional 1,706 shares during the quarter. Vanguard Financials ETF accounts for about 1.3% of KCM Investment Advisors LLC’s holdings, making the stock its 21st biggest position. KCM Investment Advisors LLC’s holdings in Vanguard Financials ETF were worth $39,458,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. TIAA Trust National Association raised its position in shares of Vanguard Financials ETF by 11.0% during the 1st quarter. TIAA Trust National Association now owns 8,781 shares of the company’s stock worth $899,000 after purchasing an additional 873 shares during the last quarter. Lazard Asset Management LLC acquired a new stake in shares of Vanguard Financials ETF during the 1st quarter worth $61,000. US Bancorp DE increased its holdings in shares of Vanguard Financials ETF by 3.5% during the 3rd quarter. US Bancorp DE now owns 6,316 shares of the company’s stock worth $694,000 after buying an additional 212 shares during the last quarter. Boltwood Capital Management acquired a new stake in shares of Vanguard Financials ETF during the 3rd quarter worth $213,000. Finally, Blair William & Co. IL boosted its position in Vanguard Financials ETF by 13.3% during the 1st quarter. Blair William & Co. IL now owns 10,120 shares of the company’s stock worth $1,036,000 after purchasing an additional 1,188 shares during the period.

Vanguard Financials ETF Stock Performance

Vanguard Financials ETF stock traded up $0.20 during trading on Friday, reaching $121.90. 64,950 shares of the company’s stock were exchanged, compared to its average volume of 377,419. The company’s 50-day moving average is $112.58 and its two-hundred day moving average is $106.09. The firm has a market cap of $11.23 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a 52-week low of $83.87 and a 52-week high of $123.31.

Vanguard Financials ETF Company 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).