Vanguard Financials ETF $VFH is WFA Asset Management Corp’s 10th Largest Position

WFA Asset Management Corp trimmed its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 9.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 54,723 shares of the company’s stock after selling 5,485 shares during the period. Vanguard Financials ETF makes up approximately 4.0% of WFA Asset Management Corp’s holdings, making the stock its 10th largest position. WFA Asset Management Corp owned approximately 0.05% of Vanguard Financials ETF worth $7,182,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Steigerwald Gordon & Koch Inc. bought a new position in Vanguard Financials ETF during the 3rd quarter valued at approximately $27,000. JDM Financial Group LLC purchased a new stake in shares of Vanguard Financials ETF in the third quarter worth $31,000. American National Bank & Trust bought a new position in shares of Vanguard Financials ETF during the second quarter valued at $37,000. First Horizon Corp purchased a new position in shares of Vanguard Financials ETF in the 3rd quarter worth about $37,000. Finally, Barnes Dennig Private Wealth Management LLC bought a new position in Vanguard Financials ETF in the 3rd quarter worth about $46,000. 61.65% of the stock is owned by institutional investors.

Vanguard Financials ETF Stock Performance

Shares of VFH stock opened at $132.18 on Friday. The company has a market capitalization of $13.26 billion, a price-to-earnings ratio of 17.56 and a beta of 1.02. Vanguard Financials ETF has a one year low of $100.87 and a one year high of $137.89. The company’s 50-day moving average is $132.06 and its 200 day moving average is $130.25.

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).