Beacon Capital Management Inc. Cuts Position in Vanguard Financials ETF (NYSEARCA:VFH)

Beacon Capital Management Inc. lowered its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 5.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,430,014 shares of the company’s stock after selling 89,838 shares during the period. Vanguard Financials ETF comprises about 7.3% of Beacon Capital Management Inc.’s portfolio, making the stock its 4th largest holding. Beacon Capital Management Inc. owned 1.55% of Vanguard Financials ETF worth $168,842,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VFH. Transcend Capital Advisors LLC increased its stake in shares of Vanguard Financials ETF by 0.5% during the 4th quarter. Transcend Capital Advisors LLC now owns 18,148 shares of the company’s stock worth $2,143,000 after purchasing an additional 86 shares during the last quarter. Brown Brothers Harriman & Co. lifted its position in shares of Vanguard Financials ETF by 45.0% in the third quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock valued at $32,000 after buying an additional 90 shares during the last quarter. Consolidated Portfolio Review Corp boosted its stake in shares of Vanguard Financials ETF by 1.0% during the 4th quarter. Consolidated Portfolio Review Corp now owns 10,287 shares of the company’s stock worth $1,215,000 after acquiring an additional 104 shares during the period. Lewis Asset Management LLC increased its holdings in shares of Vanguard Financials ETF by 2.2% during the 4th quarter. Lewis Asset Management LLC now owns 4,871 shares of the company’s stock worth $575,000 after acquiring an additional 105 shares during the last quarter. Finally, Strategic Blueprint LLC raised its stake in Vanguard Financials ETF by 1.8% in the 4th quarter. Strategic Blueprint LLC now owns 5,911 shares of the company’s stock valued at $698,000 after acquiring an additional 107 shares during the period.

Vanguard Financials ETF Price Performance

VFH stock opened at $119.38 on Friday. Vanguard Financials ETF has a one year low of $95.67 and a one year high of $127.67. The stock has a market cap of $11.93 billion, a price-to-earnings ratio of 15.58 and a beta of 1.10. The company has a fifty day moving average price of $122.54 and a two-hundred day moving average price of $118.49.

Vanguard Financials ETF 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).