Redwood Financial Network Corp Has $479,000 Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Redwood Financial Network Corp cut its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 27.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,054 shares of the company’s stock after selling 1,568 shares during the period. Redwood Financial Network Corp’s holdings in Vanguard Financials ETF were worth $479,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in VFH. Kingsview Wealth Management LLC acquired a new stake in Vanguard Financials ETF in the fourth quarter valued at approximately $209,000. PNC Financial Services Group Inc. increased its position in Vanguard Financials ETF by 3.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 237,861 shares of the company’s stock worth $28,084,000 after buying an additional 7,186 shares during the last quarter. Americana Partners LLC lifted its position in shares of Vanguard Financials ETF by 4.1% in the fourth quarter. Americana Partners LLC now owns 3,637 shares of the company’s stock worth $429,000 after buying an additional 142 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of Vanguard Financials ETF in the fourth quarter worth about $154,000. Finally, Keybank National Association OH boosted its stake in shares of Vanguard Financials ETF by 35.5% during the 4th quarter. Keybank National Association OH now owns 4,121 shares of the company’s stock worth $487,000 after acquiring an additional 1,079 shares in the last quarter.

Vanguard Financials ETF Stock Performance

Shares of VFH stock opened at $123.18 on Thursday. The stock’s 50 day simple moving average is $115.79 and its 200 day simple moving average is $119.78. Vanguard Financials ETF has a twelve month low of $97.83 and a twelve month high of $127.67. The company has a market capitalization of $12.02 billion, a price-to-earnings ratio of 16.44 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).