Avantax Advisory Services Inc. Trims Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Avantax Advisory Services Inc. trimmed its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 1.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 147,883 shares of the company’s stock after selling 2,312 shares during the quarter. Avantax Advisory Services Inc. owned about 0.16% of Vanguard Financials ETF worth $17,461,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Comprehensive Financial Planning Inc. PA purchased a new position in Vanguard Financials ETF during the fourth quarter worth about $26,000. Abound Wealth Management grew its position in Vanguard Financials ETF by 379.6% during the fourth quarter. Abound Wealth Management now owns 235 shares of the company’s stock worth $28,000 after buying an additional 186 shares in the last quarter. Brown Brothers Harriman & Co. grew its position in Vanguard Financials ETF by 45.0% during the third quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock worth $32,000 after buying an additional 90 shares in the last quarter. Kestra Investment Management LLC bought a new stake in Vanguard Financials ETF during the fourth quarter worth about $35,000. Finally, Heck Capital Advisors LLC bought a new stake in Vanguard Financials ETF during the fourth quarter worth about $45,000.

Vanguard Financials ETF Stock Up 0.3 %

Shares of VFH stock opened at $114.89 on Thursday. The business has a 50-day moving average price of $122.63 and a two-hundred day moving average price of $118.21. Vanguard Financials ETF has a 12-month low of $95.67 and a 12-month high of $127.67. The firm has a market cap of $11.49 billion, a P/E ratio of 16.94 and a beta of 1.11.

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).