Vanguard Financials ETF $VFH Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 30.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 723,843 shares of the company’s stock after selling 314,622 shares during the period. Envestnet Asset Management Inc. owned 0.73% of Vanguard Financials ETF worth $92,145,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VFH. Wayfinding Financial LLC acquired a new stake in Vanguard Financials ETF during the first quarter worth about $29,000. Briaud Financial Planning Inc acquired a new stake in shares of Vanguard Financials ETF during the first quarter valued at about $34,000. American National Bank & Trust acquired a new stake in shares of Vanguard Financials ETF during the second quarter valued at about $37,000. Grove Bank & Trust acquired a new stake in shares of Vanguard Financials ETF during the second quarter valued at about $38,000. Finally, Banque Transatlantique SA acquired a new stake in shares of Vanguard Financials ETF during the first quarter valued at about $39,000. 61.65% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Financials ETF Price Performance

Shares of VFH opened at $126.87 on Thursday. Vanguard Financials ETF has a 1-year low of $100.87 and a 1-year high of $133.85. The stock has a market cap of $12.71 billion, a PE ratio of 17.56 and a beta of 1.02. The firm has a 50-day simple moving average of $130.34 and a two-hundred day simple moving average of $125.88.

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).