Transcend Capital Advisors LLC Has $2.27 Million Position in Vanguard Financials ETF $VFH

Transcend Capital Advisors LLC lowered its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 1.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,836 shares of the company’s stock after selling 346 shares during the period. Transcend Capital Advisors LLC’s holdings in Vanguard Financials ETF were worth $2,271,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in VFH. Wayfinding Financial LLC acquired a new stake in shares of Vanguard Financials ETF during the 1st quarter worth approximately $29,000. Briaud Financial Planning Inc acquired a new stake in shares of Vanguard Financials ETF during the first quarter worth $34,000. American National Bank & Trust acquired a new position in Vanguard Financials ETF during the second quarter valued at approximately $37,000. Grove Bank & Trust acquired a new position in shares of Vanguard Financials ETF in the 2nd quarter valued at $38,000. Finally, Banque Transatlantique SA acquired a new position in shares of Vanguard Financials ETF in the 1st quarter valued at $39,000. 61.65% of the stock is owned by institutional investors and hedge funds.

Vanguard Financials ETF Stock Up 0.4%

Shares of VFH stock opened at $129.91 on Tuesday. Vanguard Financials ETF has a 12-month low of $100.87 and a 12-month high of $133.85. The firm has a market capitalization of $13.01 billion, a price-to-earnings ratio of 17.56 and a beta of 1.02. The firm has a fifty day moving average of $130.38 and a 200-day moving average of $125.63.

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).