Focus Financial Network Inc. Cuts Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Focus Financial Network Inc. reduced its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 10.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,273 shares of the company’s stock after selling 3,450 shares during the period. Focus Financial Network Inc.’s holdings in Vanguard Financials ETF were worth $3,338,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings 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 valued at $101,631,000 after buying an additional 41,153 shares during the last quarter. Advisors Preferred LLC raised its stake in Vanguard Financials ETF by 48.0% during the 4th quarter. Advisors Preferred LLC now owns 446,507 shares of the company’s stock valued at $52,612,000 after purchasing an additional 144,912 shares during the last quarter. Synovus Financial Corp raised its stake in shares of Vanguard Financials ETF by 97.8% in the 3rd quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock valued at $48,714,000 after buying an additional 219,120 shares in the last quarter. Stifel Financial Corp raised its stake in shares of Vanguard Financials ETF by 2.0% in the 3rd quarter. Stifel Financial Corp now owns 433,070 shares of the company’s stock valued at $47,599,000 after buying an additional 8,462 shares in the last quarter. Finally, KCM Investment Advisors LLC grew its holdings in shares of Vanguard Financials ETF by 0.5% in the 3rd quarter. KCM Investment Advisors LLC now owns 358,998 shares of the company’s stock worth $39,458,000 after purchasing an additional 1,706 shares during the last quarter.

Vanguard Financials ETF Trading Down 0.8 %

Vanguard Financials ETF stock opened at $125.61 on Tuesday. The company has a market cap of $11.57 billion, a PE ratio of 14.43 and a beta of 0.96. The company’s 50-day moving average is $121.64 and its two-hundred day moving average is $115.32. Vanguard Financials ETF has a 1 year low of $93.11 and a 1 year high of $127.67.

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).