Theory Financial LLC Lowers Holdings in Vanguard Financials ETF $VFH

Theory Financial LLC decreased its position in Vanguard Financials ETF (NYSEARCA:VFH) by 66.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,928 shares of the company’s stock after selling 95,496 shares during the period. Vanguard Financials ETF makes up approximately 2.0% of Theory Financial LLC’s holdings, making the stock its 14th biggest position. Theory Financial LLC’s holdings in Vanguard Financials ETF were worth $5,790,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Two Sigma Investments LP increased its stake 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 valued at $72,773,000 after purchasing an additional 208,500 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted 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 buying an additional 173,064 shares in the last quarter. Ameritas Advisory Services LLC grew its holdings in shares of Vanguard Financials ETF by 5,104.1% during the fourth quarter. Ameritas Advisory Services LLC now owns 175,274 shares of the company’s stock valued at $23,397,000 after buying an additional 171,906 shares during the last quarter. Corient Private Wealth LLC grew its holdings in shares of Vanguard Financials ETF by 109.0% during 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 during the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Vanguard Financials ETF by 0.6% during the fourth quarter. Bank of America Corp DE now owns 23,568,647 shares of the company’s stock valued at $3,146,179,000 after buying an additional 131,154 shares during the last quarter. 61.65% of the stock is owned by hedge funds and other institutional investors.

Vanguard Financials ETF Stock Up 0.6%

Shares of VFH opened at $138.45 on Thursday. Vanguard Financials ETF has a twelve month low of $116.67 and a twelve month high of $139.15. The company has a market capitalization of $13.41 billion, a P/E ratio of 17.56 and a beta of 0.90. The firm has a 50 day moving average of $130.18 and a 200 day moving average of $128.51.

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).