Bank of Montreal Can Sells 712 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Bank of Montreal Can decreased its position in Vanguard Financials ETF (NYSEARCA:VFH) by 5.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,450 shares of the company’s stock after selling 712 shares during the period. Bank of Montreal Can’s holdings in Vanguard Financials ETF were worth $1,161,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of VFH. Beacon Capital Management Inc. grew its position in shares of Vanguard Financials ETF by 206.2% during the 1st quarter. Beacon Capital Management Inc. now owns 1,671,708 shares of the company’s stock worth $169,729,000 after buying an additional 1,125,795 shares in the last quarter. Cetera Investment Advisers increased its position in Vanguard Financials ETF by 702.9% during the 1st quarter. Cetera Investment Advisers now owns 390,808 shares of the company’s stock valued at $40,015,000 after purchasing an additional 342,131 shares during the period. Executive Wealth Group LLC raised its holdings in shares of Vanguard Financials ETF by 200.2% in the 1st quarter. Executive Wealth Group LLC now owns 322,226 shares of the company’s stock valued at $31,612,000 after purchasing an additional 214,905 shares in the last quarter. Bordeaux Wealth Advisors LLC purchased a new stake in shares of Vanguard Financials ETF in the 2nd quarter worth approximately $10,745,000. Finally, Cetera Advisor Networks LLC boosted its stake in shares of Vanguard Financials ETF by 67.8% during the first quarter. Cetera Advisor Networks LLC now owns 237,457 shares of the company’s stock valued at $24,313,000 after purchasing an additional 95,980 shares in the last quarter.

Vanguard Financials ETF Stock Up 1.7 %

Shares of NYSEARCA:VFH opened at $110.74 on Friday. The firm has a 50 day moving average of $107.33 and a 200 day moving average of $103.04. The company has a market capitalization of $10.20 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a 52 week low of $75.71 and a 52 week high of $111.40.

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).