Allied Investment Advisors LLC Lowers Stake in Vanguard Financials ETF (NYSEARCA:VFH)

Allied Investment Advisors LLC lessened its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 4.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,830 shares of the company’s stock after selling 195 shares during the quarter. Allied Investment Advisors LLC’s holdings in Vanguard Financials ETF were worth $452,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Comprehensive Financial Planning Inc. PA bought a new position in Vanguard Financials ETF in the 4th quarter worth about $26,000. Abound Wealth Management raised its stake 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. boosted its holdings in shares of Vanguard Financials ETF by 45.0% in the third 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 period. Kestra Investment Management LLC bought a new position in Vanguard Financials ETF in the fourth quarter worth approximately $35,000. Finally, Heck Capital Advisors LLC bought a new position in Vanguard Financials ETF in the fourth quarter worth approximately $45,000.

Vanguard Financials ETF Stock Up 0.7 %

Shares of NYSEARCA VFH opened at $127.34 on Wednesday. Vanguard Financials ETF has a twelve month low of $95.32 and a twelve month high of $127.67. The firm has a market cap of $11.73 billion, a PE ratio of 14.43 and a beta of 0.96. The business has a fifty day simple moving average of $121.88 and a two-hundred day simple moving average of $116.17.

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).