Kovitz Investment Group Partners LLC Sells 2,281 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Kovitz Investment Group Partners LLC lowered its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 54.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,939 shares of the company’s stock after selling 2,281 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Vanguard Financials ETF were worth $229,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Raymond James Financial Inc. bought a new stake in shares of Vanguard Financials ETF in the 4th quarter worth $130,549,000. Wells Fargo & Company MN grew its position in Vanguard Financials ETF by 15.8% in the 4th quarter. Wells Fargo & Company MN now owns 1,582,629 shares of the company’s stock worth $186,861,000 after purchasing an additional 216,103 shares in the last quarter. Wealthfront Advisers LLC grew its position in Vanguard Financials ETF by 2,906.6% in the 4th quarter. Wealthfront Advisers LLC now owns 218,700 shares of the company’s stock worth $25,822,000 after purchasing an additional 211,426 shares in the last quarter. Allianz SE purchased a new stake in Vanguard Financials ETF in the 4th quarter valued at about $21,652,000. Finally, Prudential PLC bought a new position in shares of Vanguard Financials ETF during the 4th quarter worth approximately $19,977,000.

Vanguard Financials ETF Stock Up 2.1 %

Shares of NYSEARCA VFH opened at $119.25 on Friday. The company has a market capitalization of $11.68 billion, a PE ratio of 15.47 and a beta of 1.00. The stock’s 50 day moving average price is $116.04 and its 200-day moving average price is $119.50. Vanguard Financials ETF has a twelve month low of $97.83 and a twelve month high of $127.67.

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).