PDS Planning Inc Cuts Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

PDS Planning Inc decreased its position in Vanguard Financials ETF (NYSEARCA:VFH) by 4.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,340 shares of the company’s stock after selling 109 shares during the period. PDS Planning Inc’s holdings in Vanguard Financials ETF were worth $276,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VFH. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Financials ETF during the fourth quarter worth about $130,549,000. JPMorgan Chase & Co. increased its stake in shares of Vanguard Financials ETF by 4.7% during the third quarter. JPMorgan Chase & Co. now owns 924,677 shares of the company’s stock worth $101,631,000 after purchasing an additional 41,153 shares in the last quarter. Advisors Preferred LLC increased its stake in shares of Vanguard Financials ETF by 48.0% during the fourth quarter. Advisors Preferred LLC now owns 446,507 shares of the company’s stock worth $52,612,000 after purchasing an additional 144,912 shares in the last quarter. Synovus Financial Corp increased its stake in shares of Vanguard Financials ETF by 97.8% during the third quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock worth $48,714,000 after purchasing an additional 219,120 shares in the last quarter. Finally, Stifel Financial Corp increased its stake in shares of Vanguard Financials ETF by 2.0% during the third quarter. Stifel Financial Corp now owns 433,070 shares of the company’s stock worth $47,599,000 after purchasing an additional 8,462 shares in the last quarter.

Vanguard Financials ETF Stock Down 0.2 %

VFH stock opened at $117.96 on Wednesday. The stock has a market capitalization of $11.79 billion, a P/E ratio of 15.58 and a beta of 1.10. The firm has a 50-day simple moving average of $122.50 and a 200-day simple moving average of $118.48. Vanguard Financials ETF has a 52 week low of $95.67 and a 52 week 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).