Avantax Planning Partners Inc. Sells 791 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Avantax Planning Partners Inc. decreased its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 15.0% in the 4th quarter, Holdings Channel reports. The firm owned 4,480 shares of the company’s stock after selling 791 shares during the quarter. Avantax Planning Partners Inc.’s holdings in Vanguard Financials ETF were worth $413,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Varma Mutual Pension Insurance Co grew its holdings in Vanguard Financials ETF by 155.7% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 6,831,371 shares of the company’s stock worth $548,696,000 after acquiring an additional 4,159,650 shares during the period. Envestnet Asset Management Inc. raised its stake in Vanguard Financials ETF by 304.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,323,466 shares of the company’s stock worth $106,301,000 after buying an additional 995,862 shares during the period. Advisors Preferred LLC bought a new stake in Vanguard Financials ETF during the 4th quarter valued at $59,548,000. International Assets Investment Management LLC acquired a new position in Vanguard Financials ETF during the fourth quarter worth $17,905,000. Finally, PGIM Custom Harvest LLC lifted its stake in shares of Vanguard Financials ETF by 35.6% in the third quarter. PGIM Custom Harvest LLC now owns 470,064 shares of the company’s stock valued at $37,756,000 after buying an additional 123,303 shares in the last quarter.

Vanguard Financials ETF Trading Up 0.8 %

Shares of VFH traded up $0.76 on Friday, reaching $101.13. The company’s stock had a trading volume of 226,747 shares, compared to its average volume of 461,833. Vanguard Financials ETF has a twelve month low of $75.71 and a twelve month high of $103.05. The stock has a market capitalization of $9.32 billion, a PE ratio of 14.43 and a beta of 0.96. The firm has a fifty day moving average of $100.09 and a 200-day moving average of $94.73.

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).