Vanguard Financials ETF $VFH Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC cut its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 28.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,903 shares of the company’s stock after selling 745 shares during the quarter. International Assets Investment Management LLC’s holdings in Vanguard Financials ETF were worth $242,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Cerity Partners LLC lifted its holdings in Vanguard Financials ETF by 4.3% during the 1st quarter. Cerity Partners LLC now owns 20,977 shares of the company’s stock worth $2,506,000 after buying an additional 859 shares in the last quarter. Blue Trust Inc. lifted its holdings in Vanguard Financials ETF by 1,940.5% during the 1st quarter. Blue Trust Inc. now owns 857 shares of the company’s stock worth $102,000 after buying an additional 815 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in Vanguard Financials ETF by 2.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,229 shares of the company’s stock worth $538,000 after buying an additional 102 shares in the last quarter. Brown Advisory Inc. increased its position in shares of Vanguard Financials ETF by 4.3% in the 1st quarter. Brown Advisory Inc. now owns 6,124 shares of the company’s stock valued at $732,000 after purchasing an additional 250 shares during the last quarter. Finally, DAVENPORT & Co LLC increased its position in shares of Vanguard Financials ETF by 162.2% in the 2nd quarter. DAVENPORT & Co LLC now owns 5,963 shares of the company’s stock valued at $759,000 after purchasing an additional 3,689 shares during the last quarter. 61.65% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Financials ETF Trading Up 0.2%

Shares of NYSEARCA:VFH opened at $127.98 on Friday. Vanguard Financials ETF has a 52 week low of $100.87 and a 52 week high of $133.85. The company’s 50 day moving average is $130.33 and its two-hundred day moving average is $125.11. The company has a market cap of $12.82 billion, a PE ratio of 17.56 and a beta of 1.09.

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).