Kingsview Wealth Management LLC Sells 40,046 Shares of Vanguard Financials ETF $VFH

Kingsview Wealth Management LLC lowered its position in Vanguard Financials ETF (NYSEARCA:VFH) by 93.8% during the third quarter, according to its most recent filing with the SEC. The firm owned 2,665 shares of the company’s stock after selling 40,046 shares during the period. Kingsview Wealth Management LLC’s holdings in Vanguard Financials ETF were worth $350,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Steigerwald Gordon & Koch Inc. acquired a new position in Vanguard Financials ETF in the third quarter valued at $27,000. JDM Financial Group LLC acquired a new stake in Vanguard Financials ETF during the 3rd quarter worth about $31,000. First Horizon Corp acquired a new stake in Vanguard Financials ETF during the 3rd quarter worth about $37,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Vanguard Financials ETF in the 3rd quarter worth about $46,000. Finally, Tripletail Wealth Management LLC bought a new position in shares of Vanguard Financials ETF in the 3rd quarter worth about $48,000. 61.65% of the stock is owned by institutional investors.

Vanguard Financials ETF Stock Performance

Shares of VFH opened at $123.43 on Monday. The firm has a market cap of $12.39 billion, a PE ratio of 17.56 and a beta of 1.02. Vanguard Financials ETF has a 52-week low of $100.87 and a 52-week high of $137.89. The business’s 50 day moving average price is $130.67 and its two-hundred day moving average price is $130.41.

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).