Cetera Investment Advisers Has $50.45 Million Stock Position in Vanguard Financials ETF $VFH

Cetera Investment Advisers cut its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 7.1% during the 1st quarter, HoldingsChannel reports. The fund owned 417,604 shares of the company’s stock after selling 31,821 shares during the quarter. Cetera Investment Advisers’ holdings in Vanguard Financials ETF were worth $50,451,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Jane Street Group LLC raised its stake in Vanguard Financials ETF by 124.9% in the 1st quarter. Jane Street Group LLC now owns 9,345 shares of the company’s stock worth $1,116,000 after purchasing an additional 5,190 shares in the last quarter. Focus Partners Wealth grew its position in shares of Vanguard Financials ETF by 10.5% during the 1st quarter. Focus Partners Wealth now owns 7,821 shares of the company’s stock worth $934,000 after purchasing an additional 743 shares in the last quarter. Brown Advisory Inc. grew its position in shares of Vanguard Financials ETF by 8.8% during the 2nd quarter. Brown Advisory Inc. now owns 6,664 shares of the company’s stock worth $848,000 after purchasing an additional 540 shares in the last quarter. Cerity Partners LLC increased its holdings in shares of Vanguard Financials ETF by 8.4% during the second quarter. Cerity Partners LLC now owns 22,736 shares of the company’s stock worth $2,894,000 after purchasing an additional 1,759 shares during the period. Finally, Qube Research & Technologies Ltd raised its position in shares of Vanguard Financials ETF by 1,765.2% in the second quarter. Qube Research & Technologies Ltd now owns 9,587 shares of the company’s stock valued at $1,220,000 after buying an additional 9,073 shares in the last quarter. 61.65% of the stock is owned by institutional investors.

Vanguard Financials ETF Trading Up 0.9%

Shares of VFH stock opened at $137.81 on Friday. The stock has a market cap of $13.35 billion, a P/E ratio of 17.56 and a beta of 0.90. The stock has a 50 day simple moving average of $131.83 and a 200 day simple moving average of $128.72. Vanguard Financials ETF has a 1 year low of $116.67 and a 1 year high of $139.50.

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). 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).