Hershey Financial Advisers LLC Lowers Position in Vanguard Financials ETF $VFH

Hershey Financial Advisers LLC lessened its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 36.7% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,514 shares of the company’s stock after selling 4,929 shares during the quarter. Hershey Financial Advisers LLC’s holdings in Vanguard Financials ETF were worth $1,029,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Two Sigma Investments LP raised its position in Vanguard Financials ETF by 60.3% in the 3rd quarter. Two Sigma Investments LP now owns 554,500 shares of the company’s stock valued at $72,773,000 after buying an additional 208,500 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in Vanguard Financials ETF by 1,059.9% during the 3rd 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 during the last quarter. Ameritas Advisory Services LLC boosted its holdings in Vanguard Financials ETF by 5,104.1% during the 4th quarter. Ameritas Advisory Services LLC now owns 175,274 shares of the company’s stock worth $23,397,000 after acquiring an additional 171,906 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in Vanguard Financials ETF by 109.0% during the 2nd quarter. Corient Private Wealth LLC now owns 260,248 shares of the company’s stock worth $33,130,000 after acquiring an additional 135,724 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Vanguard Financials ETF by 0.6% in the 4th quarter. Bank of America Corp DE now owns 23,568,647 shares of the company’s stock worth $3,146,179,000 after acquiring an additional 131,154 shares in the last quarter. Hedge funds and other institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Price Performance

Shares of VFH stock opened at $137.94 on Friday. The firm has a 50-day moving average of $130.67 and a 200-day moving average of $128.60. The company has a market cap of $13.36 billion, a P/E ratio of 17.56 and a beta of 0.90. Vanguard Financials ETF has a one year low of $116.67 and a one year high of $139.50.

Vanguard Financials ETF 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). 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).