KCM Investment Advisors LLC Reduces Position in Vanguard Financials ETF $VFH

KCM Investment Advisors LLC decreased its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 4.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 193,484 shares of the company’s stock after selling 9,630 shares during the quarter. KCM Investment Advisors LLC’s holdings in Vanguard Financials ETF were worth $23,375,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Jessup Wealth Management Inc acquired a new position in shares of Vanguard Financials ETF in the 4th quarter valued at approximately $27,000. Proathlete Wealth Management LLC boosted its stake in shares of Vanguard Financials ETF by 2,775.0% during the 4th quarter. Proathlete Wealth Management LLC now owns 230 shares of the company’s stock valued at $31,000 after buying an additional 222 shares during the last quarter. SHP Wealth Management purchased a new position in shares of Vanguard Financials ETF during the 4th quarter valued at approximately $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Vanguard Financials ETF during the fourth quarter worth approximately $39,000. Finally, Evergreen Advisors LLC acquired a new stake in shares of Vanguard Financials ETF during the first quarter worth approximately $42,000. Hedge funds and other institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Trading Up 1.0%

Shares of NYSEARCA:VFH opened at $139.18 on Tuesday. The company has a fifty day simple moving average of $132.08 and a 200 day simple moving average of $128.67. The firm has a market cap of $13.48 billion, a PE ratio of 17.56 and a beta of 0.90. Vanguard Financials ETF has a 12-month low of $116.67 and a 12-month high of $139.87.

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).