Vanguard Financials ETF (NYSEARCA:VFH) Shares Sold by Raab & Moskowitz Asset Management LLC

Raab & Moskowitz Asset Management LLC trimmed its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 2.2% in the third quarter, Holdings Channel.com reports. The firm owned 17,189 shares of the company’s stock after selling 394 shares during the quarter. Raab & Moskowitz Asset Management LLC’s holdings in Vanguard Financials ETF were worth $1,889,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of VFH. CWM LLC grew its stake in shares of Vanguard Financials ETF by 35.9% during the 2nd quarter. CWM LLC now owns 2,587 shares of the company’s stock valued at $258,000 after buying an additional 683 shares during the period. QRG Capital Management Inc. raised its position in shares of Vanguard Financials ETF by 5.8% in the 2nd quarter. QRG Capital Management Inc. now owns 4,734 shares of the company’s stock worth $473,000 after buying an additional 258 shares during the period. NorthCrest Asset Manangement LLC boosted its holdings in Vanguard Financials ETF by 2.7% in the second quarter. NorthCrest Asset Manangement LLC now owns 19,654 shares of the company’s stock valued at $1,963,000 after acquiring an additional 524 shares during the last quarter. Cornerstone Wealth Management LLC grew its position in Vanguard Financials ETF by 8.6% during the second quarter. Cornerstone Wealth Management LLC now owns 7,363 shares of the company’s stock valued at $735,000 after acquiring an additional 582 shares during the period. Finally, James J. Burns & Company LLC acquired a new stake in Vanguard Financials ETF during the second quarter worth about $235,000.

Vanguard Financials ETF Price Performance

Vanguard Financials ETF stock opened at $124.27 on Monday. Vanguard Financials ETF has a 12 month low of $87.18 and a 12 month high of $126.85. The company has a market cap of $11.45 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. The stock’s 50-day moving average is $117.71 and its 200-day moving average is $108.94.

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).