Vanguard Financials ETF $VFH Stock Position Reduced by Aspen Grove Capital LLC

Aspen Grove Capital LLC lessened its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 43.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 8,343 shares of the company’s stock after selling 6,442 shares during the quarter. Aspen Grove Capital LLC’s holdings in Vanguard Financials ETF were worth $1,008,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Lido Advisors LLC grew its holdings in shares of Vanguard Financials ETF by 3.9% during the 1st quarter. Lido Advisors LLC now owns 333,523 shares of the company’s stock valued at $40,293,000 after acquiring an additional 12,658 shares in the last quarter. NewEdge Wealth LLC increased its stake in shares of Vanguard Financials ETF by 5.3% in the first quarter. NewEdge Wealth LLC now owns 3,854 shares of the company’s stock worth $466,000 after acquiring an additional 194 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of Vanguard Financials ETF by 13.0% during the first quarter. First Trust Advisors LP now owns 3,770 shares of the company’s stock worth $455,000 after acquiring an additional 434 shares in the last quarter. One Charles Private Wealth Services LLC raised its holdings in shares of Vanguard Financials ETF by 1.6% during the first quarter. One Charles Private Wealth Services LLC now owns 12,004 shares of the company’s stock worth $1,450,000 after acquiring an additional 186 shares in the last quarter. Finally, Madison Asset Management LLC boosted its position in Vanguard Financials ETF by 0.3% during the first quarter. Madison Asset Management LLC now owns 65,452 shares of the company’s stock valued at $7,907,000 after purchasing an additional 215 shares during the last quarter. Hedge funds and other institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Price Performance

Shares of VFH stock opened at $136.59 on Friday. Vanguard Financials ETF has a fifty-two week low of $116.67 and a fifty-two week high of $139.50. The stock’s 50-day moving average is $131.58 and its two-hundred day moving average is $128.65. The firm has a market cap of $13.23 billion, a P/E ratio of 17.56 and a beta of 0.90.

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).