Envestnet Asset Management Inc. Decreases Stock Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Envestnet Asset Management Inc. decreased its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 34.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 328,619 shares of the company’s stock after selling 170,225 shares during the period. Envestnet Asset Management Inc. owned about 0.33% of Vanguard Financials ETF worth $25,596,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sittner & Nelson LLC acquired a new position in Vanguard Financials ETF in the 1st quarter valued at $27,000. Householder Group Estate & Retirement Specialist LLC acquired a new position in Vanguard Financials ETF in the 1st quarter valued at $27,000. OLD Mission Capital LLC acquired a new position in Vanguard Financials ETF in the 4th quarter valued at $33,000. Patriot Investment Management Group Inc. acquired a new position in Vanguard Financials ETF in the 4th quarter valued at $37,000. Finally, Zions Bancorporation N.A. acquired a new position in Vanguard Financials ETF in the 1st quarter valued at $42,000.

Vanguard Financials ETF Stock Performance

NYSEARCA VFH opened at $83.50 on Friday. The business has a fifty day moving average price of $83.38 and a 200 day moving average price of $81.11. Vanguard Financials ETF has a one year low of $72.96 and a one year high of $90.87. The company has a market cap of $8.14 billion, a P/E ratio of 12.10 and a beta of 1.09.

Vanguard Financials ETF Company 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).