Sequoia Financial Advisors LLC Has $493,000 Position in Vanguard Financials ETF (NYSEARCA:VFH)

Sequoia Financial Advisors LLC lowered its position in Vanguard Financials ETF (NYSEARCA:VFH) by 2.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,127 shares of the company’s stock after selling 99 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard Financials ETF were worth $493,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in VFH. Retirement Planning Group LLC boosted its position in shares of Vanguard Financials ETF by 3.6% in the fourth quarter. Retirement Planning Group LLC now owns 2,561 shares of the company’s stock valued at $302,000 after acquiring an additional 89 shares during the period. CreativeOne Wealth LLC lifted its position in Vanguard Financials ETF by 0.9% in the fourth quarter. CreativeOne Wealth LLC now owns 10,016 shares of the company’s stock worth $1,183,000 after purchasing an additional 93 shares during the period. Snowden Capital Advisors LLC lifted its position in Vanguard Financials ETF by 0.4% in the fourth quarter. Snowden Capital Advisors LLC now owns 23,842 shares of the company’s stock worth $2,815,000 after purchasing an additional 102 shares during the period. Praetorian Wealth Management Inc. lifted its position in Vanguard Financials ETF by 0.5% in the first quarter. Praetorian Wealth Management Inc. now owns 21,940 shares of the company’s stock worth $2,621,000 after purchasing an additional 107 shares during the period. Finally, Modern Wealth Management LLC lifted its position in Vanguard Financials ETF by 3.5% in the fourth quarter. Modern Wealth Management LLC now owns 3,288 shares of the company’s stock worth $413,000 after purchasing an additional 111 shares during the period. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Price Performance

Shares of VFH stock opened at $128.33 on Thursday. The stock has a market cap of $12.61 billion, a P/E ratio of 17.56 and a beta of 1.09. Vanguard Financials ETF has a one year low of $98.47 and a one year high of $128.35. The stock has a fifty day moving average price of $122.07 and a 200 day moving average price of $120.30.

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).