Kestra Private Wealth Services LLC Sells 6,129 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Kestra Private Wealth Services LLC cut its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 48.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,452 shares of the company’s stock after selling 6,129 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Vanguard Financials ETF were worth $595,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Varma Mutual Pension Insurance Co lifted its stake in shares of Vanguard Financials ETF by 155.7% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 6,831,371 shares of the company’s stock worth $548,696,000 after acquiring an additional 4,159,650 shares during the last quarter. Morgan Stanley lifted its position in shares of Vanguard Financials ETF by 2.8% during the third quarter. Morgan Stanley now owns 2,680,449 shares of the company’s stock worth $215,294,000 after purchasing an additional 72,473 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Financials ETF by 304.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,323,466 shares of the company’s stock valued at $106,301,000 after purchasing an additional 995,862 shares during the period. Advisors Preferred LLC bought a new position in shares of Vanguard Financials ETF in the fourth quarter worth about $59,548,000. Finally, LPL Financial LLC grew its holdings in shares of Vanguard Financials ETF by 3.5% in the third quarter. LPL Financial LLC now owns 600,625 shares of the company’s stock worth $48,242,000 after purchasing an additional 20,177 shares during the last quarter.

Vanguard Financials ETF Price Performance

Vanguard Financials ETF stock opened at $98.70 on Monday. The stock has a market cap of $9.09 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. The firm has a 50-day moving average of $99.21 and a two-hundred day moving average of $92.53. Vanguard Financials ETF has a 1 year low of $73.87 and a 1 year high of $102.60.

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).