Vanguard Financials ETF $VFH Shares Sold by Community Bank N.A.

Community Bank N.A. reduced its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 5.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 7,490 shares of the company’s stock after selling 450 shares during the quarter. Community Bank N.A.’s holdings in Vanguard Financials ETF were worth $953,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Wayfinding Financial LLC purchased a new stake in Vanguard Financials ETF during the 1st quarter valued at about $29,000. Briaud Financial Planning Inc purchased a new stake in shares of Vanguard Financials ETF in the first quarter worth about $34,000. American National Bank & Trust purchased a new stake in shares of Vanguard Financials ETF in the second quarter worth about $37,000. Grove Bank & Trust purchased a new stake in shares of Vanguard Financials ETF in the second quarter worth about $38,000. Finally, Banque Transatlantique SA purchased a new stake in shares of Vanguard Financials ETF in the first quarter worth about $39,000. 61.65% of the stock is owned by institutional investors and hedge funds.

Vanguard Financials ETF Stock Up 1.3%

Shares of VFH opened at $129.90 on Wednesday. Vanguard Financials ETF has a 52 week low of $100.87 and a 52 week high of $133.85. The company has a market capitalization of $13.01 billion, a price-to-earnings ratio of 17.56 and a beta of 1.09. The stock’s 50-day moving average price is $130.29 and its 200-day moving average price is $124.52.

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).