IFP Advisors Inc Trims Stake in Vanguard Financials ETF $VFH

IFP Advisors Inc lessened its position in Vanguard Financials ETF (NYSEARCA:VFHFree Report) by 30.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,428 shares of the company’s stock after selling 621 shares during the quarter. IFP Advisors Inc’s holdings in Vanguard Financials ETF were worth $182,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of VFH. Wayfinding Financial LLC acquired a new position in shares of Vanguard Financials ETF during the 1st quarter worth about $29,000. Briaud Financial Planning Inc acquired a new stake in Vanguard Financials ETF during the 1st quarter worth approximately $34,000. American National Bank & Trust purchased a new position in shares of Vanguard Financials ETF during the 2nd quarter worth approximately $37,000. Grove Bank & Trust purchased a new position in shares of Vanguard Financials ETF during the 2nd quarter worth approximately $38,000. Finally, Banque Transatlantique SA purchased a new position in shares of Vanguard Financials ETF during the 1st quarter worth approximately $39,000. 61.65% of the stock is owned by institutional investors and hedge funds.

Vanguard Financials ETF Price Performance

NYSEARCA VFH opened at $126.82 on Friday. Vanguard Financials ETF has a 1-year low of $100.87 and a 1-year high of $133.85. The company has a market capitalization of $12.70 billion, a P/E ratio of 17.56 and a beta of 1.09. The business has a 50 day moving average price of $130.35 and a 200 day moving average price of $124.65.

Vanguard Financials ETF Profile

(Free Report)

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).

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Institutional Ownership by Quarter for Vanguard Financials ETF (NYSEARCA:VFH)

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