Vanguard Financials ETF (NYSEARCA:VFH) Shares Sold by Morningstar Investment Management LLC

Morningstar Investment Management LLC cut its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH – Get Rating) by 56.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 82,031 shares of the company’s stock after selling 105,533 shares during the period. Vanguard Financials ETF comprises about 1.8% of Morningstar Investment Management LLC’s holdings, making the stock its 14th biggest holding. Morningstar Investment Management LLC owned 0.08% of Vanguard Financials ETF worth $6,786,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Beacon Capital Management Inc. boosted its stake in Vanguard Financials ETF by 1,232.9% during the fourth quarter. Beacon Capital Management Inc. now owns 551,716 shares of the company’s stock worth $45,643,000 after buying an additional 510,323 shares during the period. Valence8 US LP acquired a new stake in Vanguard Financials ETF in the fourth quarter valued at approximately $21,522,000. Envestnet Asset Management Inc. raised its holdings in Vanguard Financials ETF by 45.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 498,844 shares of the company’s stock valued at $41,269,000 after acquiring an additional 155,334 shares in the last quarter. Advisor Group Holdings Inc. raised its holdings in Vanguard Financials ETF by 39.0% in the fourth quarter. Advisor Group Holdings Inc. now owns 441,627 shares of the company’s stock valued at $36,545,000 after acquiring an additional 123,998 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Vanguard Financials ETF by 48.3% during the second quarter. Goldman Sachs Group Inc. now owns 297,970 shares of the company’s stock worth $23,000,000 after purchasing an additional 96,994 shares in the last quarter.

Vanguard Financials ETF Stock Performance

VFH stock traded up $0.71 during midday trading on Friday, reaching $77.34. 104,732 shares of the company were exchanged, compared to its average volume of 521,062. Vanguard Financials ETF has a 1-year low of $72.96 and a 1-year high of $90.87. The stock’s 50-day simple moving average is $77.42 and its 200 day simple moving average is $82.84. The company has a market cap of $7.62 billion, a price-to-earnings ratio of 12.10 and a beta of 1.09.

Vanguard Financials ETF Company Profile

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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).