Concurrent Investment Advisors LLC Trims Stock Position in Vanguard Financials ETF (NYSEARCA:VFH)

Concurrent Investment Advisors LLC trimmed its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 3.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 32,561 shares of the company’s stock after selling 1,236 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Vanguard Financials ETF were worth $3,579,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VFH. Cetera Investment Advisers increased its holdings in shares of Vanguard Financials ETF by 702.9% during the 1st quarter. Cetera Investment Advisers now owns 390,808 shares of the company’s stock valued at $40,015,000 after purchasing an additional 342,131 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in Vanguard Financials ETF in the second quarter valued at $10,902,000. Bordeaux Wealth Advisors LLC purchased a new stake in shares of Vanguard Financials ETF during the 2nd quarter worth about $10,745,000. Cetera Advisor Networks LLC grew its position in shares of Vanguard Financials ETF by 67.8% during the 1st quarter. Cetera Advisor Networks LLC now owns 237,457 shares of the company’s stock valued at $24,313,000 after acquiring an additional 95,980 shares during the period. Finally, Cetera Advisors LLC grew its position in shares of Vanguard Financials ETF by 821.7% during the 1st quarter. Cetera Advisors LLC now owns 101,777 shares of the company’s stock valued at $10,421,000 after acquiring an additional 90,735 shares during the period.

Vanguard Financials ETF Trading Up 6.8 %

Shares of VFH opened at $121.57 on Thursday. The firm has a market cap of $11.20 billion, a P/E ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a 12 month low of $80.78 and a 12 month high of $121.75. The stock’s 50 day moving average is $111.46 and its two-hundred day moving average is $105.32.

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).