Theory Financial LLC Sells 95,496 Shares of Vanguard Financials ETF $VFH

Theory Financial LLC trimmed its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 66.6% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 47,928 shares of the company’s stock after selling 95,496 shares during the period. Vanguard Financials ETF comprises about 2.0% of Theory Financial LLC’s portfolio, making the stock its 14th largest holding. Theory Financial LLC’s holdings in Vanguard Financials ETF were worth $5,790,000 as of its most recent SEC filing.

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

Vanguard Financials ETF Trading Up 0.6%

NYSEARCA:VFH opened at $138.45 on Thursday. Vanguard Financials ETF has a 12 month low of $116.67 and a 12 month high of $139.15. The company has a market cap of $13.41 billion, a PE ratio of 17.56 and a beta of 0.90. The company has a 50 day simple moving average of $130.18 and a two-hundred day simple moving average of $128.51.

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).