RFG Advisory LLC Reduces Stock Position in Vanguard Financials ETF $VFH

RFG Advisory LLC lowered its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 62.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,366 shares of the company’s stock after selling 3,930 shares during the period. RFG Advisory LLC’s holdings in Vanguard Financials ETF were worth $301,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Hudson Capital Management LLC purchased a new stake in Vanguard Financials ETF during the 2nd quarter valued at $216,000. Wealth Architects LLC purchased a new stake in Vanguard Financials ETF during the 2nd quarter valued at $207,000. Sequoia Financial Advisors LLC lifted its position in shares of Vanguard Financials ETF by 2.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,229 shares of the company’s stock worth $538,000 after purchasing an additional 102 shares during the period. MGO One Seven LLC purchased a new stake in shares of Vanguard Financials ETF in the 2nd quarter worth about $330,000. Finally, Johnson Investment Counsel Inc. lifted its position in shares of Vanguard Financials ETF by 1.9% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 43,560 shares of the company’s stock worth $5,545,000 after purchasing an additional 801 shares during the period. Hedge funds and other institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Trading Up 0.9%

NYSEARCA:VFH opened at $126.82 on Monday. The company has a 50-day moving average price of $130.35 and a 200-day moving average price of $124.76. Vanguard Financials ETF has a 12 month low of $100.87 and a 12 month high of $133.85. The stock has a market cap of $12.70 billion, a price-to-earnings ratio of 17.56 and a beta of 1.09.

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).