Vanguard Financials ETF $VFH Position Trimmed by Theory Financial LLC

Theory Financial LLC decreased its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 38.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 147,051 shares of the company’s stock after selling 92,100 shares during the period. Vanguard Financials ETF accounts for 6.7% of Theory Financial LLC’s portfolio, making the stock its 3rd largest position. Theory Financial LLC owned approximately 0.15% of Vanguard Financials ETF worth $18,889,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Steigerwald Gordon & Koch Inc. bought a new position in shares of Vanguard Financials ETF during the third quarter valued at $27,000. JDM Financial Group LLC bought a new position in Vanguard Financials ETF during the 3rd quarter valued at about $31,000. American National Bank & Trust bought a new position in Vanguard Financials ETF during the 2nd quarter valued at about $37,000. First Horizon Corp purchased a new stake in shares of Vanguard Financials ETF during the 3rd quarter valued at about $37,000. Finally, Grove Bank & Trust bought a new stake in shares of Vanguard Financials ETF in the second quarter worth approximately $38,000. 61.65% of the stock is owned by institutional investors.

Vanguard Financials ETF Stock Up 0.1%

VFH opened at $133.38 on Friday. The stock has a market capitalization of $13.38 billion, a price-to-earnings ratio of 17.56 and a beta of 1.02. The firm has a 50 day moving average price of $131.87 and a 200-day moving average price of $130.19. Vanguard Financials ETF has a twelve month low of $100.87 and a twelve month high of $137.89.

About Vanguard Financials ETF

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).