Avantax Advisory Services Inc. Sells 2,312 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Avantax Advisory Services Inc. lowered its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 1.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 147,883 shares of the company’s stock after selling 2,312 shares during the period. Avantax Advisory Services Inc.’s holdings in Vanguard Financials ETF were worth $17,461,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. lifted its stake in shares of Vanguard Financials ETF by 66.0% in the 3rd quarter. Assetmark Inc. now owns 2,381 shares of the company’s stock valued at $262,000 after acquiring an additional 947 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of Vanguard Financials ETF in the 3rd quarter valued at about $54,000. Venturi Wealth Management LLC lifted its stake in shares of Vanguard Financials ETF by 15,482.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 4,519 shares of the company’s stock valued at $497,000 after acquiring an additional 4,490 shares during the last quarter. First Heartland Consultants Inc. bought a new stake in shares of Vanguard Financials ETF in the 3rd quarter valued at about $217,000. Finally, Kovack Advisors Inc. lifted its stake in shares of Vanguard Financials ETF by 2.7% in the 3rd quarter. Kovack Advisors Inc. now owns 3,511 shares of the company’s stock valued at $386,000 after acquiring an additional 93 shares during the last quarter.

Vanguard Financials ETF Trading Up 0.3 %

NYSEARCA VFH opened at $114.89 on Thursday. The stock has a 50-day moving average of $122.63 and a 200-day moving average of $118.21. The firm has a market cap of $11.49 billion, a PE 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.

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).