International Assets Investment Management LLC Reduces Position in Vanguard Financials ETF $VFH

International Assets Investment Management LLC trimmed its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 28.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,903 shares of the company’s stock after selling 745 shares during the period. International Assets Investment Management LLC’s holdings in Vanguard Financials ETF were worth $242,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. PGIM Custom Harvest LLC grew its position in shares of Vanguard Financials ETF by 2.7% in the 1st quarter. PGIM Custom Harvest LLC now owns 1,215,977 shares of the company’s stock valued at $145,273,000 after buying an additional 31,634 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Vanguard Financials ETF by 1.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,038,465 shares of the company’s stock worth $124,065,000 after purchasing an additional 11,970 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in Vanguard Financials ETF during the 2nd quarter worth $116,303,000. Ameriprise Financial Inc. grew its position in Vanguard Financials ETF by 24.7% during the 1st quarter. Ameriprise Financial Inc. now owns 863,486 shares of the company’s stock worth $103,184,000 after purchasing an additional 171,219 shares during the last quarter. Finally, LPL Financial LLC grew its position in Vanguard Financials ETF by 3.7% during the 1st quarter. LPL Financial LLC now owns 785,932 shares of the company’s stock worth $93,895,000 after purchasing an additional 27,677 shares during the last quarter. 61.65% of the stock is owned by hedge funds and other institutional investors.

Vanguard Financials ETF Stock Performance

Shares of Vanguard Financials ETF stock opened at $127.98 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 $12.82 billion, a P/E ratio of 17.56 and a beta of 1.09. The company’s fifty day moving average is $130.33 and its two-hundred day moving average is $125.11.

Vanguard Financials ETF Company 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).