NewEdge Advisors LLC Trims Holdings in Vanguard Financials ETF $VFH

NewEdge Advisors LLC decreased its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 13.4% during the first quarter, Holdings Channel.com reports. The fund owned 27,795 shares of the company’s stock after selling 4,302 shares during the quarter. NewEdge Advisors LLC’s holdings in Vanguard Financials ETF were worth $3,358,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the company. Money Concepts Capital Corp boosted its position in shares of Vanguard Financials ETF by 4.7% in the fourth quarter. Money Concepts Capital Corp now owns 1,740 shares of the company’s stock worth $232,000 after purchasing an additional 78 shares during the period. Valeo Financial Advisors LLC raised its position in shares of Vanguard Financials ETF by 1.2% during the 4th quarter. Valeo Financial Advisors LLC now owns 6,846 shares of the company’s stock valued at $914,000 after purchasing an additional 83 shares during the period. Harbor Asset Planning Inc. lifted its stake in shares of Vanguard Financials ETF by 10.8% during the 1st quarter. Harbor Asset Planning Inc. now owns 853 shares of the company’s stock valued at $103,000 after buying an additional 83 shares in the last quarter. NBC Securities Inc. lifted its stake in shares of Vanguard Financials ETF by 12.0% during the 4th quarter. NBC Securities Inc. now owns 784 shares of the company’s stock valued at $105,000 after buying an additional 84 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in shares of Vanguard Financials ETF by 19.8% during the 4th quarter. Russell Investments Group Ltd. now owns 550 shares of the company’s stock valued at $73,000 after buying an additional 91 shares in the last quarter. Hedge funds and other institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Performance

Shares of Vanguard Financials ETF stock opened at $141.68 on Thursday. Vanguard Financials ETF has a fifty-two week low of $116.67 and a fifty-two week high of $143.01. The company has a market capitalization of $13.72 billion, a P/E ratio of 17.56 and a beta of 0.90. The company has a fifty day moving average of $135.52 and a 200 day moving average of $129.28.

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).