AE Wealth Management LLC Sells 555 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

AE Wealth Management LLC lowered its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 1.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 57,562 shares of the company’s stock after selling 555 shares during the period. AE Wealth Management LLC owned 0.06% of Vanguard Financials ETF worth $5,749,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in VFH. Family Firm Inc. purchased a new stake in Vanguard Financials ETF during the 2nd quarter worth about $25,000. Rothschild Investment LLC bought a new position in shares of Vanguard Financials ETF in the second quarter valued at approximately $29,000. Scarborough Advisors LLC purchased a new position in Vanguard Financials ETF during the fourth quarter valued at approximately $30,000. Pineridge Advisors LLC bought a new stake in Vanguard Financials ETF during the 4th quarter worth approximately $32,000. Finally, Rosenberg Matthew Hamilton purchased a new stake in Vanguard Financials ETF in the 2nd quarter worth approximately $43,000.

Vanguard Financials ETF Price Performance

VFH opened at $110.72 on Friday. The firm has a market capitalization of $10.20 billion, a P/E ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a one year low of $75.71 and a one year high of $111.40. The company has a fifty day moving average price of $106.46 and a 200-day moving average price of $102.31.

About Vanguard Financials ETF

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).