HighTower Advisors LLC Sells 1,014 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

HighTower Advisors LLC decreased its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 0.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 121,091 shares of the company’s stock after selling 1,014 shares during the quarter. HighTower Advisors LLC owned approximately 0.12% of Vanguard Financials ETF worth $14,467,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wayfinding Financial LLC bought a new stake in shares of Vanguard Financials ETF during the first quarter valued at approximately $29,000. Briaud Financial Planning Inc bought a new stake in shares of Vanguard Financials ETF during the first quarter valued at approximately $34,000. Optimum Investment Advisors raised its stake in shares of Vanguard Financials ETF by 235.0% during the first quarter. Optimum Investment Advisors now owns 335 shares of the company’s stock valued at $40,000 after acquiring an additional 235 shares in the last quarter. Signature Resources Capital Management LLC raised its stake in shares of Vanguard Financials ETF by 85.8% during the first quarter. Signature Resources Capital Management LLC now owns 353 shares of the company’s stock valued at $42,000 after acquiring an additional 163 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its stake in shares of Vanguard Financials ETF by 65.6% during the fourth quarter. Russell Investments Group Ltd. now owns 366 shares of the company’s stock valued at $43,000 after acquiring an additional 145 shares in the last quarter. Institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Performance

Vanguard Financials ETF stock opened at $128.34 on Friday. The company has a market capitalization of $12.61 billion, a PE ratio of 17.56 and a beta of 1.09. Vanguard Financials ETF has a fifty-two week low of $100.87 and a fifty-two week high of $130.43. The company has a 50 day moving average price of $126.65 and a 200-day moving average price of $122.05.

Vanguard Financials ETF 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).