Avion Wealth Trims Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Avion Wealth lowered its position in Vanguard Financials ETF (NYSEARCA:VFH) by 2.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 19,506 shares of the company’s stock after selling 528 shares during the period. Vanguard Financials ETF accounts for approximately 0.6% of Avion Wealth’s portfolio, making the stock its 23rd biggest position. Avion Wealth’s holdings in Vanguard Financials ETF were worth $2,303,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of VFH. GAMMA Investing LLC acquired a new stake in Vanguard Financials ETF during the 3rd quarter valued at approximately $54,000. Creative Planning raised its holdings in shares of Vanguard Financials ETF by 5.4% during the third quarter. Creative Planning now owns 83,200 shares of the company’s stock worth $9,145,000 after purchasing an additional 4,266 shares during the last quarter. Cedar Mountain Advisors LLC lifted its position in Vanguard Financials ETF by 2.1% during the third quarter. Cedar Mountain Advisors LLC now owns 146,654 shares of the company’s stock valued at $16,119,000 after purchasing an additional 2,966 shares during the period. Trust Co. of Oklahoma boosted its holdings in Vanguard Financials ETF by 4.4% in the third quarter. Trust Co. of Oklahoma now owns 140,985 shares of the company’s stock valued at $15,496,000 after purchasing an additional 5,886 shares during the last quarter. Finally, Magnus Financial Group LLC grew its position in Vanguard Financials ETF by 0.9% during the 3rd quarter. Magnus Financial Group LLC now owns 11,506 shares of the company’s stock worth $1,265,000 after purchasing an additional 104 shares during the period.

Vanguard Financials ETF Stock Up 0.3 %

Shares of VFH stock opened at $125.93 on Wednesday. Vanguard Financials ETF has a 52-week low of $93.11 and a 52-week high of $127.67. The stock has a market cap of $11.60 billion, a PE ratio of 14.43 and a beta of 0.96. The business has a 50-day simple moving average of $121.65 and a 200-day simple moving average of $115.47.

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).