Onyx Bridge Wealth Group LLC Cuts Stake in Vanguard Financials ETF (NYSEARCA:VFH)

Onyx Bridge Wealth Group LLC reduced its position in Vanguard Financials ETF (NYSEARCA:VFH) by 11.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,833 shares of the company’s stock after selling 242 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in Vanguard Financials ETF were worth $216,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Abound Wealth Management lifted its stake in shares of Vanguard Financials ETF by 379.6% during the fourth quarter. Abound Wealth Management now owns 235 shares of the company’s stock worth $28,000 after buying an additional 186 shares during the period. Brown Brothers Harriman & Co. lifted its stake 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 during the period. Heck Capital Advisors LLC acquired a new stake in shares of Vanguard Financials ETF during the fourth quarter worth $45,000. Crews Bank & Trust acquired a new stake in shares of Vanguard Financials ETF during the fourth quarter worth $56,000. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of Vanguard Financials ETF during the third quarter worth $54,000.

Vanguard Financials ETF Trading Up 0.8 %

NYSEARCA:VFH opened at $127.23 on Friday. Vanguard Financials ETF has a 12 month low of $93.11 and a 12 month high of $127.35. The firm has a fifty day simple moving average of $121.60 and a 200-day simple moving average of $114.94. The company has a market capitalization of $11.72 billion, a P/E ratio of 14.43 and a beta of 0.96.

Vanguard Financials ETF 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).