NewEdge Advisors LLC Sells 121 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

NewEdge Advisors LLC reduced its position in Vanguard Financials ETF (NYSEARCA:VFH) by 0.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,903 shares of the company’s stock after selling 121 shares during the quarter. NewEdge Advisors LLC’s holdings in Vanguard Financials ETF were worth $1,588,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of VFH. Glass Jacobson Investment Advisors llc boosted its holdings in Vanguard Financials ETF by 8.8% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 1,230 shares of the company’s stock valued at $123,000 after purchasing an additional 100 shares during the period. Panoramic Investment Advisors LLC boosted its stake in Vanguard Financials ETF by 3.1% during the first quarter. Panoramic Investment Advisors LLC now owns 3,830 shares of the company’s stock valued at $392,000 after buying an additional 115 shares during the period. Wedbush Securities Inc. grew its position in Vanguard Financials ETF by 4.7% during the second quarter. Wedbush Securities Inc. now owns 2,680 shares of the company’s stock worth $268,000 after buying an additional 120 shares in the last quarter. Breakwater Capital Group increased its stake in Vanguard Financials ETF by 5.1% in the 1st quarter. Breakwater Capital Group now owns 2,677 shares of the company’s stock worth $274,000 after acquiring an additional 131 shares during the last quarter. Finally, Krilogy Financial LLC raised its holdings in shares of Vanguard Financials ETF by 1.0% in the 2nd quarter. Krilogy Financial LLC now owns 13,315 shares of the company’s stock valued at $1,330,000 after acquiring an additional 134 shares in the last quarter.

Vanguard Financials ETF Trading Up 1.7 %

Shares of NYSEARCA VFH opened at $110.74 on Friday. The business has a 50-day moving average of $107.33 and a 200-day moving average of $103.04. The firm 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 12 month low of $75.71 and a 12 month high of $111.40.

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).