Vanguard Financials ETF (NYSEARCA:VFH) Shares Sold by First Horizon Advisors Inc.

First Horizon Advisors Inc. reduced its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 6.9% during the 4th quarter, Holdings Channel reports. The fund owned 1,351 shares of the company’s stock after selling 100 shares during the quarter. First Horizon Advisors Inc.’s holdings in Vanguard Financials ETF were worth $160,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Transcend Capital Advisors LLC increased its holdings in Vanguard Financials ETF by 0.5% during the 4th quarter. Transcend Capital Advisors LLC now owns 18,148 shares of the company’s stock worth $2,143,000 after purchasing an additional 86 shares during the period. Brown Brothers Harriman & Co. grew its position in shares of Vanguard Financials ETF by 45.0% during the third quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock worth $32,000 after buying an additional 90 shares in the last quarter. Kovack Advisors Inc. increased its stake in shares of Vanguard Financials ETF by 2.7% during the third quarter. Kovack Advisors Inc. now owns 3,511 shares of the company’s stock worth $386,000 after buying an additional 93 shares during the period. Private Wealth Advisors LLC raised its holdings in Vanguard Financials ETF by 0.9% in the third quarter. Private Wealth Advisors LLC now owns 11,953 shares of the company’s stock valued at $1,305,000 after acquiring an additional 103 shares in the last quarter. Finally, Consolidated Portfolio Review Corp raised its holdings in Vanguard Financials ETF by 1.0% in the fourth quarter. Consolidated Portfolio Review Corp now owns 10,287 shares of the company’s stock valued at $1,215,000 after acquiring an additional 104 shares in the last quarter.

Vanguard Financials ETF Stock Down 0.3 %

NYSEARCA VFH opened at $123.14 on Wednesday. Vanguard Financials ETF has a 52 week low of $95.67 and a 52 week high of $127.67. The firm has a 50 day moving average of $122.19 and a two-hundred day moving average of $117.02. The stock has a market capitalization of $12.32 billion, a PE ratio of 16.94 and a beta of 1.11.

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).