City State Bank Decreases Stake in Vanguard Financials ETF (NYSEARCA:VFH)

City State Bank decreased its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 1.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 28,456 shares of the company’s stock after selling 323 shares during the quarter. Vanguard Financials ETF comprises about 1.1% of City State Bank’s investment portfolio, making the stock its 20th biggest holding. City State Bank’s holdings in Vanguard Financials ETF were worth $3,128,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VFH. Family Firm Inc. purchased a new stake in Vanguard Financials ETF during the second quarter worth about $25,000. Rothschild Investment LLC acquired a new position in Vanguard Financials ETF during the second quarter worth $29,000. Scarborough Advisors LLC acquired a new stake in Vanguard Financials ETF in the fourth quarter valued at $30,000. Pineridge Advisors LLC purchased a new position in shares of Vanguard Financials ETF in the fourth quarter valued at $32,000. Finally, Rosenberg Matthew Hamilton purchased a new stake in shares of Vanguard Financials ETF in the 2nd quarter worth about $43,000.

Vanguard Financials ETF Trading Up 2.0 %

NYSEARCA:VFH opened at $113.01 on Friday. The company has a market capitalization of $10.41 billion, a P/E ratio of 14.43 and a beta of 0.96. The firm has a 50-day moving average price of $107.88 and a two-hundred day moving average price of $103.39. Vanguard Financials ETF has a twelve month low of $75.71 and a twelve month high of $113.18.

Vanguard Financials ETF Company Profile

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).