Institute for Wealth Management LLC. Sells 386 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Institute for Wealth Management LLC. cut its position in Vanguard Financials ETF (NYSEARCA:VFH) by 3.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,988 shares of the company’s stock after selling 386 shares during the period. Institute for Wealth Management LLC.’s holdings in Vanguard Financials ETF were worth $1,415,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Synovus Financial Corp raised its stake in shares of Vanguard Financials ETF by 97.8% in the third quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock worth $48,714,000 after acquiring an additional 219,120 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Vanguard Financials ETF in the second quarter valued at approximately $10,902,000. EWG Elevate Inc. bought a new position in Vanguard Financials ETF in the 4th quarter worth approximately $12,919,000. Barclays PLC lifted its holdings in Vanguard Financials ETF by 11,076.1% during the 3rd quarter. Barclays PLC now owns 98,350 shares of the company’s stock worth $10,810,000 after buying an additional 97,470 shares in the last quarter. Finally, Strategic Wealth Partners Ltd. bought a new position in Vanguard Financials ETF in the 3rd quarter valued at $8,169,000.

Vanguard Financials ETF Stock Up 1.0 %

Vanguard Financials ETF stock opened at $126.69 on Friday. The business’s 50-day simple moving average is $121.54 and its 200 day simple moving average is $114.23. The stock has a market cap of $11.67 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a 12-month low of $92.53 and a 12-month high of $127.29.

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).