Vanguard Financials ETF (NYSEARCA:VFH) Shares Sold by Avion Wealth

Avion Wealth decreased its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 2.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,506 shares of the company’s stock after selling 528 shares during the quarter. Vanguard Financials ETF comprises about 0.6% of Avion Wealth’s portfolio, making the stock its 23rd biggest position. Avion Wealth’s holdings in Vanguard Financials ETF were worth $2,303,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VFH. Comprehensive Financial Planning Inc. PA purchased a new stake in Vanguard Financials ETF in the fourth quarter valued at about $26,000. Abound Wealth Management increased its holdings in shares of Vanguard Financials ETF by 379.6% during the fourth quarter. Abound Wealth Management now owns 235 shares of the company’s stock valued at $28,000 after acquiring an additional 186 shares in the last quarter. Brown Brothers Harriman & Co. raised its position in shares of Vanguard Financials ETF by 45.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock valued at $32,000 after purchasing an additional 90 shares during the last quarter. Heck Capital Advisors LLC acquired a new stake in Vanguard Financials ETF in the 4th quarter worth approximately $45,000. Finally, Crews Bank & Trust acquired a new stake in Vanguard Financials ETF in the 4th quarter worth approximately $56,000.

Vanguard Financials ETF Trading Up 0.3 %

Shares of Vanguard Financials ETF stock opened at $125.93 on Wednesday. The firm’s 50 day simple moving average is $121.65 and its two-hundred day simple moving average is $115.47. The firm has a market capitalization of $11.60 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a 12-month low of $93.11 and a 12-month high of $127.67.

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).