Vanguard Financials ETF $VFH Shares Sold by Pinion Investment Advisors LLC

Pinion Investment Advisors LLC cut its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 1.7% during the second quarter, HoldingsChannel.com reports. The firm owned 6,305 shares of the company’s stock after selling 107 shares during the period. Pinion Investment Advisors LLC’s holdings in Vanguard Financials ETF were worth $803,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. PGIM Custom Harvest LLC grew its stake in Vanguard Financials ETF by 2.7% in the 1st quarter. PGIM Custom Harvest LLC now owns 1,215,977 shares of the company’s stock valued at $145,273,000 after acquiring an additional 31,634 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Financials ETF by 1.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,038,465 shares of the company’s stock worth $124,065,000 after acquiring an additional 11,970 shares during the period. Kingstone Capital Partners Texas LLC purchased a new position in shares of Vanguard Financials ETF during the 2nd quarter worth about $116,303,000. Ameriprise Financial Inc. raised its holdings in Vanguard Financials ETF by 24.7% in the first quarter. Ameriprise Financial Inc. now owns 863,486 shares of the company’s stock valued at $103,184,000 after buying an additional 171,219 shares during the period. Finally, LPL Financial LLC raised its stake in shares of Vanguard Financials ETF by 3.7% during the first quarter. LPL Financial LLC now owns 785,932 shares of the company’s stock valued at $93,895,000 after purchasing an additional 27,677 shares during the period. 61.65% of the stock is owned by institutional investors and hedge funds.

Vanguard Financials ETF Price Performance

NYSEARCA:VFH opened at $129.87 on Friday. Vanguard Financials ETF has a 1-year low of $100.87 and a 1-year high of $133.85. The stock has a market cap of $13.01 billion, a P/E ratio of 17.56 and a beta of 1.09. The firm has a 50-day moving average of $130.16 and a two-hundred day moving average of $124.32.

Vanguard Financials ETF Company 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).