Kingsview Wealth Management LLC Sells 40,046 Shares of Vanguard Financials ETF $VFH

Kingsview Wealth Management LLC lessened its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 93.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,665 shares of the company’s stock after selling 40,046 shares during the period. Kingsview Wealth Management LLC’s holdings in Vanguard Financials ETF were worth $350,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VFH. Capital Square LLC raised its position in Vanguard Financials ETF by 3.5% during the second quarter. Capital Square LLC now owns 2,498 shares of the company’s stock valued at $318,000 after purchasing an additional 84 shares in the last quarter. Koshinski Asset Management Inc. boosted its holdings in shares of Vanguard Financials ETF by 1.8% in the 3rd quarter. Koshinski Asset Management Inc. now owns 4,880 shares of the company’s stock valued at $640,000 after purchasing an additional 86 shares in the last quarter. Alteri Wealth LLC boosted its holdings in shares of Vanguard Financials ETF by 4.8% in the 3rd quarter. Alteri Wealth LLC now owns 1,888 shares of the company’s stock valued at $248,000 after purchasing an additional 87 shares in the last quarter. PFG Advisors increased its stake in shares of Vanguard Financials ETF by 2.3% in the 2nd quarter. PFG Advisors now owns 3,960 shares of the company’s stock valued at $504,000 after purchasing an additional 88 shares during the last quarter. Finally, Flagship Harbor Advisors LLC increased its stake in shares of Vanguard Financials ETF by 1.5% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 6,193 shares of the company’s stock valued at $813,000 after purchasing an additional 89 shares during the last quarter. 61.65% of the stock is owned by institutional investors and hedge funds.

Vanguard Financials ETF Trading Down 1.4%

Shares of NYSEARCA VFH opened at $123.43 on Monday. The company has a market cap of $12.39 billion, a price-to-earnings ratio of 17.56 and a beta of 1.02. Vanguard Financials ETF has a 12 month low of $100.87 and a 12 month high of $137.89. The stock has a 50-day moving average price of $130.67 and a two-hundred day moving average price of $130.41.

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). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).