TAP Consulting LLC Trims Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

TAP Consulting LLC lowered its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 13.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,490 shares of the company’s stock after selling 7,709 shares during the period. Vanguard Financials ETF accounts for 1.1% of TAP Consulting LLC’s investment portfolio, making the stock its 25th largest holding. TAP Consulting LLC’s holdings in Vanguard Financials ETF were worth $4,658,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Varma Mutual Pension Insurance Co grew its position in Vanguard Financials ETF by 155.7% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 6,831,371 shares of the company’s stock valued at $548,696,000 after buying an additional 4,159,650 shares during the last quarter. Morgan Stanley grew its position in Vanguard Financials ETF by 2.8% during the third quarter. Morgan Stanley now owns 2,680,449 shares of the company’s stock worth $215,294,000 after buying an additional 72,473 shares during the period. Envestnet Asset Management Inc. increased its holdings in Vanguard Financials ETF by 304.0% in the third quarter. Envestnet Asset Management Inc. now owns 1,323,466 shares of the company’s stock valued at $106,301,000 after buying an additional 995,862 shares in the last quarter. Advisors Preferred LLC acquired a new stake in shares of Vanguard Financials ETF during the 4th quarter valued at approximately $59,548,000. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of Vanguard Financials ETF by 3.2% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 610,952 shares of the company’s stock worth $49,072,000 after acquiring an additional 19,169 shares in the last quarter.

Vanguard Financials ETF Stock Down 0.6 %

Shares of VFH traded down $0.62 on Thursday, reaching $99.10. The stock had a trading volume of 185,301 shares, compared to its average volume of 521,666. Vanguard Financials ETF has a twelve month low of $73.87 and a twelve month high of $102.60. The firm has a market capitalization of $9.13 billion, a PE ratio of 14.31 and a beta of 0.96. The firm has a 50-day moving average of $98.99 and a 200 day moving average of $91.62.

Vanguard Financials ETF 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).