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

KCM Investment Advisors LLC decreased its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 4.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 193,484 shares of the company’s stock after selling 9,630 shares during the period. KCM Investment Advisors LLC owned approximately 0.19% of Vanguard Financials ETF worth $23,375,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of VFH. Bank of America Corp DE lifted its position in Vanguard Financials ETF by 0.6% during the 4th quarter. Bank of America Corp DE now owns 23,568,647 shares of the company’s stock worth $3,146,179,000 after acquiring an additional 131,154 shares in the last quarter. Morgan Stanley grew its position in Vanguard Financials ETF by 1.0% in the fourth quarter. Morgan Stanley now owns 3,604,287 shares of the company’s stock valued at $481,137,000 after acquiring an additional 35,705 shares in the last quarter. Wells Fargo & Company MN grew its position in Vanguard Financials ETF by 1.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,811,174 shares of the company’s stock valued at $241,774,000 after acquiring an additional 27,036 shares in the last quarter. PGIM Custom Harvest LLC raised its stake in shares of Vanguard Financials ETF by 2.9% during the third quarter. PGIM Custom Harvest LLC now owns 1,416,698 shares of the company’s stock valued at $185,927,000 after purchasing an additional 40,422 shares during the period. Finally, Raymond James Financial Inc. raised its stake in shares of Vanguard Financials ETF by 6.4% during the fourth quarter. Raymond James Financial Inc. now owns 1,236,644 shares of the company’s stock valued at $165,080,000 after purchasing an additional 73,925 shares during the period. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Trading Up 1.0%

NYSEARCA VFH opened at $139.18 on Tuesday. The company’s fifty day simple moving average is $132.08 and its 200-day simple moving average is $128.67. Vanguard Financials ETF has a 52 week low of $116.67 and a 52 week high of $139.87. The stock has a market cap of $13.48 billion, a P/E ratio of 17.56 and a beta of 0.90.

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).