JPMorgan Chase & Co. Sells 9,499 Shares of Vanguard Financials ETF $VFH

JPMorgan Chase & Co. reduced its position in Vanguard Financials ETF (NYSEARCA:VFH) by 1.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 528,367 shares of the company’s stock after selling 9,499 shares during the period. JPMorgan Chase & Co.’s holdings in Vanguard Financials ETF were worth $69,343,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VFH. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Vanguard Financials ETF in the 3rd quarter worth $27,000. JDM Financial Group LLC purchased a new position in shares of Vanguard Financials ETF in the third quarter worth $31,000. First Horizon Corp bought a new position in shares of Vanguard Financials ETF during the third quarter valued at $37,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Vanguard Financials ETF during the third quarter valued at $46,000. Finally, Tripletail Wealth Management LLC purchased a new stake in shares of Vanguard Financials ETF during the third quarter valued at $48,000. 61.65% of the stock is owned by institutional investors.

Vanguard Financials ETF Stock Performance

NYSEARCA VFH opened at $119.34 on Thursday. Vanguard Financials ETF has a one year low of $100.87 and a one year high of $137.89. The stock has a 50-day moving average of $128.35 and a 200 day moving average of $129.83. The company has a market capitalization of $11.98 billion, a price-to-earnings ratio of 17.56 and a beta of 1.02.

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).