Vanguard Financials ETF $VFH Shares Sold by Cavalier Investments LLC

Cavalier Investments LLC cut its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 2.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 67,254 shares of the company’s stock after selling 1,357 shares during the period. Vanguard Financials ETF comprises about 2.6% of Cavalier Investments LLC’s holdings, making the stock its 11th biggest holding. Cavalier Investments LLC’s holdings in Vanguard Financials ETF were worth $8,561,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Cerity Partners LLC raised its position in shares of Vanguard Financials ETF by 4.3% in the first quarter. Cerity Partners LLC now owns 20,977 shares of the company’s stock valued at $2,506,000 after buying an additional 859 shares during the last quarter. Blue Trust Inc. raised its position in shares of Vanguard Financials ETF by 1,940.5% in the first quarter. Blue Trust Inc. now owns 857 shares of the company’s stock valued at $102,000 after buying an additional 815 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in shares of Vanguard Financials ETF by 2.5% in the second quarter. Sequoia Financial Advisors LLC now owns 4,229 shares of the company’s stock valued at $538,000 after buying an additional 102 shares during the last quarter. Brown Advisory Inc. raised its position in shares of Vanguard Financials ETF by 4.3% in the first quarter. Brown Advisory Inc. now owns 6,124 shares of the company’s stock valued at $732,000 after buying an additional 250 shares during the last quarter. Finally, DAVENPORT & Co LLC raised its position in shares of Vanguard Financials ETF by 162.2% in the second quarter. DAVENPORT & Co LLC now owns 5,963 shares of the company’s stock valued at $759,000 after buying an additional 3,689 shares during the last quarter. 61.65% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Financials ETF Stock Down 0.0%

Shares of NYSEARCA VFH opened at $128.44 on Wednesday. The firm has a 50-day simple moving average of $130.39 and a 200-day simple moving average of $124.94. The stock has a market capitalization of $12.86 billion, a price-to-earnings ratio of 17.56 and a beta of 1.09. Vanguard Financials ETF has a 52 week low of $100.87 and a 52 week high of $133.85.

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).