Main Street Financial Solutions LLC Reduces Position in Vanguard Financials ETF (NYSEARCA:VFH)

Main Street Financial Solutions LLC trimmed its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 12.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,608 shares of the company’s stock after selling 362 shares during the period. Main Street Financial Solutions LLC’s holdings in Vanguard Financials ETF were worth $287,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers boosted its stake in shares of Vanguard Financials ETF by 702.9% during the first 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 during the period. Sanctuary Advisors LLC purchased a new stake in Vanguard Financials ETF in the 2nd quarter valued at about $10,902,000. Bordeaux Wealth Advisors LLC bought a new position in Vanguard Financials ETF in the 2nd quarter worth about $10,745,000. Cetera Advisor Networks LLC increased its position in shares of Vanguard Financials ETF by 67.8% during the first quarter. Cetera Advisor Networks LLC now owns 237,457 shares of the company’s stock worth $24,313,000 after acquiring an additional 95,980 shares during the period. Finally, Cetera Advisors LLC raised its stake in shares of Vanguard Financials ETF by 821.7% during the first 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 in the last quarter.

Vanguard Financials ETF Stock Down 0.3 %

Shares of NYSEARCA:VFH opened at $121.66 on Friday. The business’s 50 day moving average is $112.58 and its 200 day moving average is $106.09. The stock has a market cap of $11.21 billion, a P/E ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a 52-week low of $83.70 and a 52-week high of $123.31.

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).