Private Advisor Group LLC Trims Position in Vanguard Financials ETF $VFH

Private Advisor Group LLC reduced its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 26.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,864 shares of the company’s stock after selling 15,221 shares during the quarter. Private Advisor Group LLC’s holdings in Vanguard Financials ETF were worth $5,178,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in VFH. Bank of America Corp DE grew its holdings in shares of Vanguard Financials ETF by 2.3% during the third quarter. Bank of America Corp DE now owns 23,437,493 shares of the company’s stock worth $3,075,937,000 after buying an additional 526,682 shares in the last quarter. Two Sigma Investments LP lifted its holdings in Vanguard Financials ETF by 60.3% during the 3rd quarter. Two Sigma Investments LP now owns 554,500 shares of the company’s stock worth $72,773,000 after buying an additional 208,500 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in shares of Vanguard Financials ETF by 1,059.9% in the third quarter. Mercer Global Advisors Inc. ADV now owns 189,392 shares of the company’s stock worth $24,856,000 after acquiring an additional 173,064 shares in the last quarter. Ameritas Advisory Services LLC increased its position in shares of Vanguard Financials ETF by 5,104.1% in the 4th quarter. Ameritas Advisory Services LLC now owns 175,274 shares of the company’s stock valued at $23,397,000 after purchasing an additional 171,906 shares during the last quarter. Finally, Corient Private Wealth LLC raised its stake in Vanguard Financials ETF by 109.0% in the second quarter. Corient Private Wealth LLC now owns 260,248 shares of the company’s stock valued at $33,130,000 after buying an additional 135,724 shares in the last quarter. 61.65% of the stock is owned by institutional investors and hedge funds.

Vanguard Financials ETF Stock Down 0.2%

Shares of VFH opened at $137.15 on Wednesday. The stock has a 50 day moving average price of $129.09 and a 200 day moving average price of $128.43. Vanguard Financials ETF has a 52-week low of $116.67 and a 52-week high of $138.50. The company has a market capitalization of $13.34 billion, a price-to-earnings ratio of 17.56 and a beta of 0.90.

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). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).