Hershey Financial Advisers LLC Sells 4,929 Shares of Vanguard Financials ETF $VFH

Hershey Financial Advisers LLC lowered its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 36.7% during the 1st quarter, Holdings Channel reports. The firm owned 8,514 shares of the company’s stock after selling 4,929 shares during the period. Hershey Financial Advisers LLC’s holdings in Vanguard Financials ETF were worth $1,029,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Jessup Wealth Management Inc purchased a new stake in shares of Vanguard Financials ETF during the 4th quarter valued at $27,000. Proathlete Wealth Management LLC boosted its holdings in shares of Vanguard Financials ETF by 2,775.0% in the 4th quarter. Proathlete Wealth Management LLC now owns 230 shares of the company’s stock worth $31,000 after buying an additional 222 shares during the last quarter. SHP Wealth Management purchased a new position in shares of Vanguard Financials ETF in the 4th quarter worth about $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Vanguard Financials ETF in the 4th quarter worth about $39,000. Finally, Evergreen Advisors LLC bought a new position in Vanguard Financials ETF during the first quarter valued at about $42,000. Institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Performance

NYSEARCA VFH opened at $137.94 on Friday. Vanguard Financials ETF has a 52-week low of $116.67 and a 52-week high of $139.50. The company has a 50-day simple moving average of $130.67 and a 200 day simple moving average of $128.60. The company has a market capitalization of $13.36 billion, a PE ratio of 17.56 and a beta of 0.90.

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). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).