Beacon Pointe Advisors LLC Sells 1,310 Shares of Vanguard Financials ETF (NYSEARCA:VFH)
Beacon Pointe Advisors LLC decreased its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH – Free Report) by 5.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,128 shares of the company’s stock after selling 1,310 shares during the period. Beacon Pointe Advisors LLC’s holdings in Vanguard Financials ETF were worth $2,318,000 at the end of the most recent reporting period. Several other large investors have also added to or reduced their stakes in VFH. Bank of New York Mellon Corp lifted its stake in Vanguard Financials ETF by 50.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 10,042 shares of the company’s stock valued at $807,000 after acquiring an additional 3,377 shares in the last quarter. Wealthfront Advisers LLC grew its position in Vanguard Financials ETF by 6.1% in the 3rd quarter. Wealthfront Advisers LLC now owns 5,335 shares of the company’s stock worth $429,000 after purchasing an additional 306 shares in the last quarter. Orion Portfolio Solutions LLC bought a new stake in Vanguard Financials ETF in the 3rd quarter worth about $705,000. Compass Ion Advisors LLC bought a new position in shares of Vanguard Financials ETF during the 3rd quarter worth approximately $221,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Vanguard Financials ETF by 650.3% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,118 shares of the company’s stock worth $90,000 after buying an additional 969 shares during the last quarter. Vanguard Financials ETF Stock Up 0.6 % Shares of VFH stock opened at $103.00 on Monday. The firm has a market cap of $9.49 billion, a P/E ratio of 14.43 and a beta of 0.96. The company has a 50 day moving average of $99.86 and a 200-day moving average of $94.09. Vanguard Financials ETF has a 12-month low of $75.71 and a 12-month high of $103.05. Vanguard Financials ETF Company Profile (Free Report) 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).
