Main Street Financial Solutions LLC Cuts Stock Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Main Street Financial Solutions LLC lowered its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 12.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 2,608 shares of the company’s stock after selling 362 shares during the quarter. Main Street Financial Solutions LLC’s holdings in Vanguard Financials ETF were worth $287,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of VFH. Kovack Advisors Inc. raised its stake in Vanguard Financials ETF by 2.7% in 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 in the last quarter. Private Wealth Advisors LLC lifted its stake in shares of Vanguard Financials ETF by 0.9% during the 3rd quarter. Private Wealth Advisors LLC now owns 11,953 shares of the company’s stock worth $1,305,000 after purchasing an additional 103 shares during the last quarter. First Heartland Consultants Inc. purchased a new position in Vanguard Financials ETF in the third quarter valued at about $217,000. Fountainhead AM LLC raised its holdings in Vanguard Financials ETF by 12.2% in the third quarter. Fountainhead AM LLC now owns 2,849 shares of the company’s stock worth $313,000 after purchasing an additional 309 shares in the last quarter. Finally, Venturi Wealth Management LLC lifted its position in shares of Vanguard Financials ETF by 15,482.8% during the third quarter. Venturi Wealth Management LLC now owns 4,519 shares of the company’s stock valued at $497,000 after buying an additional 4,490 shares during the last quarter.

Vanguard Financials ETF Stock Performance

NYSEARCA:VFH opened at $121.66 on Friday. The stock has a market capitalization of $11.21 billion, a P/E ratio of 14.43 and a beta of 0.96. The company’s 50-day simple moving average is $112.58 and its 200-day simple moving average is $106.09. Vanguard Financials ETF has a fifty-two week low of $83.70 and a fifty-two week high of $123.31.

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).