Vanguard Financials ETF $VFH Shares Sold by LMG Wealth Partners LLC

LMG Wealth Partners LLC lessened its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 0.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,493 shares of the company’s stock after selling 373 shares during the quarter. LMG Wealth Partners LLC’s holdings in Vanguard Financials ETF were worth $5,155,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. PGIM Custom Harvest LLC grew its stake in Vanguard Financials ETF by 2.7% during the 1st quarter. PGIM Custom Harvest LLC now owns 1,215,977 shares of the company’s stock valued at $145,273,000 after purchasing an additional 31,634 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Vanguard Financials ETF by 1.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,038,465 shares of the company’s stock valued at $124,065,000 after purchasing an additional 11,970 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in Vanguard Financials ETF during the 2nd quarter valued at approximately $116,303,000. Ameriprise Financial Inc. grew its stake in Vanguard Financials ETF by 24.7% during the 1st quarter. Ameriprise Financial Inc. now owns 863,486 shares of the company’s stock valued at $103,184,000 after purchasing an additional 171,219 shares in the last quarter. Finally, LPL Financial LLC grew its stake in Vanguard Financials ETF by 3.7% during the 1st quarter. LPL Financial LLC now owns 785,932 shares of the company’s stock valued at $93,895,000 after purchasing an additional 27,677 shares in the last quarter. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Trading Up 0.9%

Shares of VFH opened at $126.82 on Monday. The firm has a market cap of $12.70 billion, a price-to-earnings ratio of 17.56 and a beta of 1.09. The stock has a 50 day moving average of $130.35 and a 200-day moving average of $124.76. Vanguard Financials ETF has a 52 week low of $100.87 and a 52 week high of $133.85.

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).