Magnus Financial Group LLC Decreases Stock Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Magnus Financial Group LLC trimmed its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 5.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,553 shares of the company’s stock after selling 706 shares during the quarter. Magnus Financial Group LLC’s holdings in Vanguard Financials ETF were worth $1,066,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Varma Mutual Pension Insurance Co lifted its position in shares of Vanguard Financials ETF by 155.7% during the third quarter. Varma Mutual Pension Insurance Co now owns 6,831,371 shares of the company’s stock valued at $548,696,000 after buying an additional 4,159,650 shares during the last quarter. Morgan Stanley lifted its position in shares of Vanguard Financials ETF by 2.8% during the third quarter. Morgan Stanley now owns 2,680,449 shares of the company’s stock valued at $215,294,000 after buying an additional 72,473 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Vanguard Financials ETF by 304.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,323,466 shares of the company’s stock valued at $106,301,000 after buying an additional 995,862 shares during the last quarter. Advisors Preferred LLC purchased a new stake in shares of Vanguard Financials ETF during the fourth quarter valued at about $59,548,000. Finally, Raymond James Financial Services Advisors Inc. lifted its position in shares of Vanguard Financials ETF by 3.2% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 610,952 shares of the company’s stock valued at $49,072,000 after buying an additional 19,169 shares during the last quarter.

Vanguard Financials ETF Stock Down 0.2 %

Shares of Vanguard Financials ETF stock opened at $98.93 on Monday. The firm has a market capitalization of $9.11 billion, a P/E ratio of 14.31 and a beta of 0.96. The company has a 50 day moving average price of $99.04 and a 200 day moving average price of $91.91. Vanguard Financials ETF has a 52 week low of $73.87 and a 52 week high of $102.60.

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).