Raymond James & Associates Sells 17,769 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Raymond James & Associates cut its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 4.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 431,234 shares of the company’s stock after selling 17,769 shares during the quarter. Raymond James & Associates owned approximately 0.47% of Vanguard Financials ETF worth $44,154,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Wetzel Investment Advisors Inc. bought a new position in shares of Vanguard Financials ETF during the 4th quarter worth about $25,000. Scarborough Advisors LLC acquired a new stake in Vanguard Financials ETF in the fourth quarter valued at approximately $30,000. MCF Advisors LLC acquired a new position in shares of Vanguard Financials ETF during the fourth quarter valued at about $31,000. McGlone Suttner Wealth Management Inc. bought a new stake in shares of Vanguard Financials ETF during the fourth quarter worth about $32,000. Finally, Pineridge Advisors LLC acquired a new stake in shares of Vanguard Financials ETF in the 4th quarter worth about $32,000.

Vanguard Financials ETF Stock Up 0.3 %

VFH stock traded up $0.33 during mid-day trading on Friday, reaching $98.70. 202,566 shares of the company traded hands, compared to its average volume of 501,582. The firm’s 50 day moving average price is $99.21 and its 200 day moving average price is $92.44. The stock has a market cap of $9.09 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a fifty-two week low of $73.87 and a fifty-two week high of $102.60.

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).