Financial Freedom LLC Sells 8,568 Shares of Vanguard Financials ETF $VFH

Financial Freedom LLC cut its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 17.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,151 shares of the company’s stock after selling 8,568 shares during the period. Vanguard Financials ETF comprises approximately 2.4% of Financial Freedom LLC’s holdings, making the stock its 10th largest holding. Financial Freedom LLC’s holdings in Vanguard Financials ETF were worth $4,851,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Ibex Wealth Advisors acquired a new position in Vanguard Financials ETF in the first quarter worth $519,000. Kestra Advisory Services LLC grew its holdings in shares of Vanguard Financials ETF by 68.7% during the first quarter. Kestra Advisory Services LLC now owns 90,471 shares of the company’s stock worth $10,930,000 after purchasing an additional 36,831 shares during the last quarter. Money Concepts Capital Corp increased its stake in shares of Vanguard Financials ETF by 51.8% in the first quarter. Money Concepts Capital Corp now owns 2,641 shares of the company’s stock valued at $319,000 after buying an additional 901 shares in the last quarter. Montag A & Associates Inc. raised its holdings in shares of Vanguard Financials ETF by 85.5% in the first quarter. Montag A & Associates Inc. now owns 12,899 shares of the company’s stock valued at $1,558,000 after buying an additional 5,944 shares during the last quarter. Finally, Fischer Financial Services Inc. raised its holdings in shares of Vanguard Financials ETF by 2.5% in the first quarter. Fischer Financial Services Inc. now owns 9,998 shares of the company’s stock valued at $1,208,000 after buying an additional 240 shares during the last quarter. 61.65% of the stock is owned by institutional investors and hedge funds.

Vanguard Financials ETF Stock Up 1.1%

Shares of NYSEARCA VFH opened at $135.99 on Friday. The firm’s 50-day simple moving average is $129.39 and its 200 day simple moving average is $128.46. The company has a market cap of $13.17 billion, a price-to-earnings ratio of 17.56 and a beta of 0.90. Vanguard Financials ETF has a 12-month low of $116.67 and a 12-month high of $138.50.

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). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).