Vanguard Financials ETF $VFH Stock: Welch Group LLC Cuts Position

Welch Group LLC decreased its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 66.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,631 shares of the company’s stock after selling 7,104 shares during the period. Welch Group LLC’s holdings in Vanguard Financials ETF were worth $472,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Lebenthal Global Advisors LLC increased its holdings in Vanguard Financials ETF by 0.4% in the third quarter. Lebenthal Global Advisors LLC now owns 24,606 shares of the company’s stock valued at $3,201,000 after buying an additional 86 shares in the last quarter. RCW Management LLC boosted its stake in shares of Vanguard Financials ETF by 0.3% during the 2nd quarter. RCW Management LLC now owns 28,309 shares of the company’s stock worth $3,726,000 after acquiring an additional 87 shares in the last quarter. IFP Advisors Inc boosted its stake in shares of Vanguard Financials ETF by 7.7% during the 2nd quarter. IFP Advisors Inc now owns 1,366 shares of the company’s stock worth $180,000 after acquiring an additional 98 shares in the last quarter. Sigma Planning Corp boosted its stake in shares of Vanguard Financials ETF by 1.6% during the 1st quarter. Sigma Planning Corp now owns 6,321 shares of the company’s stock worth $764,000 after acquiring an additional 101 shares in the last quarter. Finally, Cahill Financial Advisors Inc. boosted its stake in shares of Vanguard Financials ETF by 1.6% during the 2nd quarter. Cahill Financial Advisors Inc. now owns 6,613 shares of the company’s stock worth $870,000 after acquiring an additional 104 shares in the last quarter. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Price Performance

VFH opened at $139.82 on Tuesday. The stock has a market cap of $13.65 billion, a P/E ratio of 17.56 and a beta of 0.91. The stock’s 50 day simple moving average is $136.34 and its 200 day simple moving average is $131.57. Vanguard Financials ETF has a 1-year low of $116.67 and a 1-year high of $143.20.

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).