Beacon Capital Management LLC Cuts Stock Position in Vanguard Financials ETF (NYSEARCA:VFH)

Beacon Capital Management LLC lessened its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 9.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,227 shares of the company’s stock after selling 663 shares during the quarter. Beacon Capital Management LLC’s holdings in Vanguard Financials ETF were worth $744,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VFH. Transcend Capital Advisors LLC boosted its position in Vanguard Financials ETF by 0.5% in the 4th quarter. Transcend Capital Advisors LLC now owns 18,148 shares of the company’s stock worth $2,143,000 after purchasing an additional 86 shares in the last quarter. Retirement Planning Group LLC increased its position in shares of Vanguard Financials ETF by 3.6% during the fourth quarter. Retirement Planning Group LLC now owns 2,561 shares of the company’s stock worth $302,000 after purchasing an additional 89 shares in the last quarter. CreativeOne Wealth LLC increased its position in shares of Vanguard Financials ETF by 0.9% during the fourth quarter. CreativeOne Wealth LLC now owns 10,016 shares of the company’s stock worth $1,183,000 after purchasing an additional 93 shares in the last quarter. Snowden Capital Advisors LLC raised its position in shares of Vanguard Financials ETF by 0.4% in the fourth quarter. Snowden Capital Advisors LLC now owns 23,842 shares of the company’s stock valued at $2,815,000 after buying an additional 102 shares during the last quarter. Finally, Praetorian Wealth Management Inc. boosted its stake in Vanguard Financials ETF by 0.5% during the first quarter. Praetorian Wealth Management Inc. now owns 21,940 shares of the company’s stock worth $2,621,000 after buying an additional 107 shares during the last quarter.

Vanguard Financials ETF Stock Down 0.7%

Shares of VFH opened at $121.53 on Wednesday. Vanguard Financials ETF has a 52-week low of $98.47 and a 52-week high of $127.67. The company has a market capitalization of $11.87 billion, a PE ratio of 16.90 and a beta of 1.03. The stock has a fifty day simple moving average of $119.15 and a two-hundred day simple moving average of $120.15.

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).