Octavia Wealth Advisors LLC Decreases Stock Position in Vanguard Financials ETF (NYSEARCA:VFH)

Octavia Wealth Advisors LLC reduced its position in Vanguard Financials ETF (NYSEARCA:VFH) by 5.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,593 shares of the company’s stock after selling 205 shares during the period. Octavia Wealth Advisors LLC’s holdings in Vanguard Financials ETF were worth $331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. KCM Investment Advisors LLC grew its position in shares of Vanguard Financials ETF by 3.1% in the third quarter. KCM Investment Advisors LLC now owns 325,590 shares of the company’s stock valued at $26,151,000 after purchasing an additional 9,762 shares in the last quarter. Westside Investment Management Inc. grew its position in shares of Vanguard Financials ETF by 6.6% in the fourth quarter. Westside Investment Management Inc. now owns 7,310 shares of the company’s stock valued at $674,000 after purchasing an additional 450 shares in the last quarter. Brookstone Capital Management purchased a new position in shares of Vanguard Financials ETF in the fourth quarter valued at $768,000. Synovus Financial Corp boosted its stake in Vanguard Financials ETF by 3.1% during the third quarter. Synovus Financial Corp now owns 224,943 shares of the company’s stock valued at $18,077,000 after buying an additional 6,722 shares during the period. Finally, Avantax Advisory Services Inc. boosted its stake in Vanguard Financials ETF by 20.3% during the third quarter. Avantax Advisory Services Inc. now owns 160,716 shares of the company’s stock valued at $12,909,000 after buying an additional 27,144 shares during the period.

Vanguard Financials ETF Stock Performance

NYSEARCA:VFH opened at $95.90 on Wednesday. The firm has a market capitalization of $8.83 billion, a price-to-earnings ratio of 14.31 and a beta of 0.96. Vanguard Financials ETF has a 52-week low of $73.87 and a 52-week high of $102.60. The stock has a fifty day moving average of $98.52 and a 200 day moving average of $90.85.

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).