Western Wealth Management LLC Reduces Stock Position in Vanguard Financials ETF (NYSEARCA:VFH)

Western Wealth Management LLC reduced its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 2.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 12,886 shares of the company’s stock after selling 332 shares during the period. Western Wealth Management LLC’s holdings in Vanguard Financials ETF were worth $1,189,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Carnegie Capital Asset Management LLC purchased a new position in shares of Vanguard Financials ETF in the 4th quarter worth $218,000. Crestwood Advisors Group LLC boosted its stake in shares of Vanguard Financials ETF by 16.2% during the 4th quarter. Crestwood Advisors Group LLC now owns 5,559 shares of the company’s stock worth $513,000 after purchasing an additional 774 shares during the period. Joseph P. Lucia & Associates LLC purchased a new position in shares of Vanguard Financials ETF during the 4th quarter worth about $221,000. Koshinski Asset Management Inc. boosted its stake in shares of Vanguard Financials ETF by 17.6% during the 4th quarter. Koshinski Asset Management Inc. now owns 6,946 shares of the company’s stock worth $641,000 after purchasing an additional 1,042 shares during the period. Finally, Elm Partners Management LLC boosted its stake in shares of Vanguard Financials ETF by 100.1% during the 4th quarter. Elm Partners Management LLC now owns 6,597 shares of the company’s stock worth $609,000 after purchasing an additional 3,300 shares during the period.

Vanguard Financials ETF Trading Up 1.4 %

VFH stock opened at $97.75 on Friday. Vanguard Financials ETF has a 12 month low of $73.87 and a 12 month high of $102.60. The company has a 50-day moving average price of $98.65 and a 200 day moving average price of $91.05. The stock has a market cap of $9.00 billion, a PE ratio of 14.31 and a beta of 0.96.

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).