Vanguard Financials ETF $VFH Shares Sold by HB Wealth Management LLC

HB Wealth Management LLC trimmed its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 35.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,489 shares of the company’s stock after selling 2,456 shares during the period. HB Wealth Management LLC’s holdings in Vanguard Financials ETF were worth $571,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wayfinding Financial LLC acquired a new stake in Vanguard Financials ETF in the first quarter valued at approximately $29,000. Briaud Financial Planning Inc acquired a new stake in Vanguard Financials ETF in the first quarter valued at approximately $34,000. American National Bank & Trust acquired a new stake in Vanguard Financials ETF in the second quarter valued at approximately $37,000. Grove Bank & Trust acquired a new stake in Vanguard Financials ETF in the second quarter valued at approximately $38,000. Finally, Banque Transatlantique SA acquired a new stake in Vanguard Financials ETF in the first quarter valued at approximately $39,000. 61.65% of the stock is owned by institutional investors and hedge funds.

Vanguard Financials ETF Trading Up 0.7%

Shares of VFH opened at $131.00 on Friday. The firm has a market cap of $12.92 billion, a P/E ratio of 17.56 and a beta of 1.09. The stock’s 50 day moving average is $130.01 and its two-hundred day moving average is $124.06. Vanguard Financials ETF has a 12 month low of $100.87 and a 12 month high of $133.85.

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).