Kayne Anderson Rudnick Investment Management LLC Sells 303 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Kayne Anderson Rudnick Investment Management LLC cut its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 19.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,295 shares of the company’s stock after selling 303 shares during the quarter. Kayne Anderson Rudnick Investment Management LLC’s holdings in Vanguard Financials ETF were worth $129,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of VFH. Family Firm Inc. purchased a new position in shares of Vanguard Financials ETF during the 2nd quarter worth about $25,000. Rothschild Investment LLC purchased a new stake in shares of Vanguard Financials ETF in the second quarter worth approximately $29,000. Scarborough Advisors LLC bought a new stake in shares of Vanguard Financials ETF during the 4th quarter worth approximately $30,000. Pineridge Advisors LLC purchased a new position in Vanguard Financials ETF during the 4th quarter valued at $32,000. Finally, Rosenberg Matthew Hamilton bought a new position in Vanguard Financials ETF in the 2nd quarter valued at $43,000.

Vanguard Financials ETF Price Performance

VFH stock opened at $110.88 on Tuesday. Vanguard Financials ETF has a 12 month low of $75.71 and a 12 month high of $111.40. The firm’s 50-day moving average is $106.59 and its 200 day moving average is $102.42. The company has a market capitalization of $10.21 billion, a PE ratio of 14.43 and a beta of 0.96.

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).