Sound View Wealth Advisors Group LLC Sells 622 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Sound View Wealth Advisors Group LLC cut its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 16.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,188 shares of the company’s stock after selling 622 shares during the period. Sound View Wealth Advisors Group LLC’s holdings in Vanguard Financials ETF were worth $376,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in Vanguard Financials ETF by 4.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 924,677 shares of the company’s stock valued at $101,631,000 after buying an additional 41,153 shares during the period. Kingsview Wealth Management LLC purchased a new stake in shares of Vanguard Financials ETF in the fourth quarter valued at $209,000. Prospera Financial Services Inc lifted its holdings in shares of Vanguard Financials ETF by 7.2% in the 3rd quarter. Prospera Financial Services Inc now owns 6,488 shares of the company’s stock worth $713,000 after acquiring an additional 437 shares during the last quarter. Avior Wealth Management LLC boosted its stake in shares of Vanguard Financials ETF by 190.7% during the 3rd quarter. Avior Wealth Management LLC now owns 1,930 shares of the company’s stock worth $212,000 after purchasing an additional 1,266 shares during the period. Finally, Empowered Funds LLC purchased a new position in shares of Vanguard Financials ETF during the 4th quarter worth about $154,000.

Vanguard Financials ETF Price Performance

Vanguard Financials ETF stock opened at $115.37 on Tuesday. The firm has a market capitalization of $11.54 billion, a P/E ratio of 16.94 and a beta of 1.11. Vanguard Financials ETF has a 1-year low of $95.67 and a 1-year high of $127.67. The company’s 50-day moving average is $122.76 and its 200 day moving average is $118.19.

Vanguard Financials ETF 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).