Bray Capital Advisors Cuts Stock Position in Vanguard Financials ETF (NYSEARCA:VFH)

Bray Capital Advisors decreased its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 20.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,323 shares of the company’s stock after selling 6,040 shares during the quarter. Bray Capital Advisors’ holdings in Vanguard Financials ETF were worth $2,754,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. LMG Wealth Partners LLC boosted its holdings in Vanguard Financials ETF by 2.0% in the 4th quarter. LMG Wealth Partners LLC now owns 40,312 shares of the company’s stock worth $4,760,000 after acquiring an additional 775 shares during the period. Private Advisor Group LLC lifted its position in shares of Vanguard Financials ETF by 5.2% during the fourth quarter. Private Advisor Group LLC now owns 30,020 shares of the company’s stock worth $3,544,000 after purchasing an additional 1,492 shares in the last quarter. Global Retirement Partners LLC boosted its stake in shares of Vanguard Financials ETF by 20.0% in the fourth quarter. Global Retirement Partners LLC now owns 2,277 shares of the company’s stock valued at $269,000 after purchasing an additional 380 shares during the period. Bigelow Investment Advisors LLC boosted its stake in shares of Vanguard Financials ETF by 14.7% in the fourth quarter. Bigelow Investment Advisors LLC now owns 9,221 shares of the company’s stock valued at $1,089,000 after purchasing an additional 1,179 shares during the period. Finally, Kestra Investment Management LLC acquired a new stake in Vanguard Financials ETF during the 4th quarter valued at $35,000.

Vanguard Financials ETF Price Performance

Shares of VFH stock opened at $125.14 on Friday. The company’s fifty day moving average price is $122.13 and its two-hundred day moving average price is $116.48. The firm has a market capitalization of $11.53 billion, a P/E ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a 12 month low of $95.32 and a 12 month high of $127.67.

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).