Vanguard Financials ETF $VFH Shares Sold by Aspen Grove Capital LLC

Aspen Grove Capital LLC trimmed its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 43.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,343 shares of the company’s stock after selling 6,442 shares during the quarter. Aspen Grove Capital LLC’s holdings in Vanguard Financials ETF were worth $1,008,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of VFH. Jessup Wealth Management Inc acquired a new position in shares of Vanguard Financials ETF during the fourth quarter valued at approximately $27,000. Proathlete Wealth Management LLC increased its position in shares of Vanguard Financials ETF by 2,775.0% during the 4th quarter. Proathlete Wealth Management LLC now owns 230 shares of the company’s stock valued at $31,000 after purchasing an additional 222 shares during the period. SHP Wealth Management bought a new stake in shares of Vanguard Financials ETF in the 4th quarter worth $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Vanguard Financials ETF in the 4th quarter valued at about $39,000. Finally, Evergreen Advisors LLC acquired a new stake in Vanguard Financials ETF in the 1st quarter valued at about $42,000. 61.65% of the stock is currently owned by institutional investors.

Vanguard Financials ETF Stock Performance

Vanguard Financials ETF stock opened at $136.59 on Friday. Vanguard Financials ETF has a 1 year low of $116.67 and a 1 year high of $139.50. The firm has a market cap of $13.23 billion, a price-to-earnings ratio of 17.56 and a beta of 0.90. The firm’s 50 day moving average price is $131.58 and its two-hundred day moving average price is $128.65.

About Vanguard Financials ETF

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). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).