City State Bank Sells 323 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

City State Bank trimmed its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 1.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 28,456 shares of the company’s stock after selling 323 shares during the quarter. Vanguard Financials ETF accounts for about 1.1% of City State Bank’s holdings, making the stock its 20th largest position. City State Bank’s holdings in Vanguard Financials ETF were worth $3,128,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. Beacon Capital Management Inc. increased its stake in Vanguard Financials ETF by 206.2% in the 1st quarter. Beacon Capital Management Inc. now owns 1,671,708 shares of the company’s stock worth $169,729,000 after acquiring an additional 1,125,795 shares during the last quarter. Cetera Investment Advisers grew its stake in Vanguard Financials ETF by 702.9% in the 1st quarter. Cetera Investment Advisers now owns 390,808 shares of the company’s stock worth $40,015,000 after buying an additional 342,131 shares in the last quarter. Executive Wealth Group LLC increased its holdings in shares of Vanguard Financials ETF by 200.2% in the 1st quarter. Executive Wealth Group LLC now owns 322,226 shares of the company’s stock worth $31,612,000 after buying an additional 214,905 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Vanguard Financials ETF during the 2nd quarter valued at $10,902,000. Finally, Bordeaux Wealth Advisors LLC bought a new stake in shares of Vanguard Financials ETF during the 2nd quarter worth $10,745,000.

Vanguard Financials ETF Stock Up 2.0 %

VFH opened at $113.01 on Friday. The business’s fifty day simple moving average is $107.88 and its 200 day simple moving average is $103.39. Vanguard Financials ETF has a 52 week low of $75.71 and a 52 week high of $113.18. The stock has a market cap of $10.41 billion, a PE ratio of 14.43 and a beta of 0.96.

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).