Principle Wealth Partners LLC Sells 11,743 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Principle Wealth Partners LLC decreased its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 20.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 44,523 shares of the company’s stock after selling 11,743 shares during the period. Vanguard Financials ETF comprises approximately 1.1% of Principle Wealth Partners LLC’s holdings, making the stock its 22nd largest position. Principle Wealth Partners LLC’s holdings in Vanguard Financials ETF were worth $3,117,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VFH. JPMorgan Chase & Co. grew its position in Vanguard Financials ETF by 2,105.0% during the second quarter. JPMorgan Chase & Co. now owns 2,929,852 shares of the company’s stock valued at $199,348,000 after buying an additional 2,796,978 shares during the period. Beacon Capital Management Inc. boosted its holdings in Vanguard Financials ETF by 28.9% in the second quarter. Beacon Capital Management Inc. now owns 2,443,361 shares of the company’s stock valued at $168,616,000 after acquiring an additional 547,873 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Vanguard Financials ETF by 1.1% in the third quarter. Envestnet Asset Management Inc. now owns 546,873 shares of the company’s stock valued at $38,281,000 after acquiring an additional 5,789 shares in the last quarter. Royal Bank of Canada boosted its holdings in Vanguard Financials ETF by 0.6% in the second quarter. Royal Bank of Canada now owns 506,673 shares of the company’s stock valued at $34,966,000 after acquiring an additional 2,907 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in Vanguard Financials ETF by 3.3% in the second quarter. LPL Financial LLC now owns 485,525 shares of the company’s stock valued at $33,506,000 after acquiring an additional 15,295 shares in the last quarter.

Shares of VFH stock traded up $0.05 during mid-day trading on Friday, reaching $74.19. 274,415 shares of the company’s stock traded hands, compared to its average volume of 625,825. Vanguard Financials ETF has a 12 month low of $55.16 and a 12 month high of $74.58. The company’s 50-day moving average price is $70.41 and its 200-day moving average price is $69.00.

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).

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Institutional Ownership by Quarter for Vanguard Financials ETF (NYSEARCA:VFH)

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