GWN Securities Inc. Cuts Position in Vanguard Financials ETF $VFH

GWN Securities Inc. decreased its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 84.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,008 shares of the company’s stock after selling 101,222 shares during the quarter. GWN Securities Inc.’s holdings in Vanguard Financials ETF were worth $2,293,000 as of its most recent filing with the SEC.

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

Vanguard Financials ETF Trading Up 0.4%

VFH stock opened at $129.91 on Tuesday. The firm has a 50 day moving average of $130.38 and a 200-day moving average of $125.63. Vanguard Financials ETF has a 12-month low of $100.87 and a 12-month high of $133.85. The company has a market cap of $13.01 billion, a price-to-earnings ratio of 17.56 and a beta of 1.02.

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).