Vanguard Financials ETF $VFH Stock Position Lessened by UBS Group AG

UBS Group AG trimmed its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,729,856 shares of the company’s stock after selling 27,354 shares during the period. UBS Group AG’s holdings in Vanguard Financials ETF were worth $230,918,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Steigerwald Gordon & Koch Inc. bought a new position in Vanguard Financials ETF in the 3rd quarter valued at about $27,000. JDM Financial Group LLC bought a new position in shares of Vanguard Financials ETF in the third quarter valued at approximately $31,000. Proathlete Wealth Management LLC boosted its holdings in shares of Vanguard Financials ETF by 2,775.0% in the fourth quarter. Proathlete Wealth Management LLC now owns 230 shares of the company’s stock valued at $31,000 after acquiring an additional 222 shares in the last quarter. First Horizon Corp bought a new stake in Vanguard Financials ETF during the third quarter worth approximately $37,000. Finally, Barnes Dennig Private Wealth Management LLC bought a new stake in Vanguard Financials ETF during the third quarter worth approximately $46,000. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Price Performance

VFH opened at $127.73 on Wednesday. Vanguard Financials ETF has a 1-year low of $113.80 and a 1-year high of $137.89. The company has a market capitalization of $12.98 billion, a price-to-earnings ratio of 17.56 and a beta of 0.96. The business has a 50 day moving average price of $124.03 and a two-hundred day moving average price of $128.37.

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). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).