Family Capital Management Inc. Reduces Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Family Capital Management Inc. trimmed its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 19.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,631 shares of the company’s stock after selling 1,100 shares during the period. Family Capital Management Inc.’s holdings in Vanguard Financials ETF were worth $427,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. MAS Advisors LLC grew its position in Vanguard Financials ETF by 14.0% during the 1st quarter. MAS Advisors LLC now owns 4,044 shares of the company’s stock worth $386,000 after purchasing an additional 496 shares during the last quarter. Citigroup Inc. grew its position in Vanguard Financials ETF by 21.5% during the 1st quarter. Citigroup Inc. now owns 27,340 shares of the company’s stock worth $2,553,000 after purchasing an additional 4,844 shares during the last quarter. Bank of Montreal Can grew its position in Vanguard Financials ETF by 8.7% during the 1st quarter. Bank of Montreal Can now owns 4,587 shares of the company’s stock worth $442,000 after purchasing an additional 368 shares during the last quarter. Blair William & Co. IL lifted its stake in shares of Vanguard Financials ETF by 38.5% in the 1st quarter. Blair William & Co. IL now owns 19,371 shares of the company’s stock worth $1,809,000 after acquiring an additional 5,381 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its stake in shares of Vanguard Financials ETF by 25.7% in the 1st quarter. Sequoia Financial Advisors LLC now owns 5,361 shares of the company’s stock worth $501,000 after acquiring an additional 1,096 shares during the period.

Vanguard Financials ETF Price Performance

Shares of VFH stock traded up $0.37 during mid-day trading on Thursday, hitting $96.40. The stock had a trading volume of 271,872 shares, compared to its average volume of 532,710. Vanguard Financials ETF has a fifty-two week low of $73.87 and a fifty-two week high of $102.60. The firm has a market cap of $8.88 billion, a PE ratio of 14.31 and a beta of 0.96. The company’s 50-day simple moving average is $98.55 and its 200-day simple moving average is $90.89.

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).