Community Bank N.A. reduced its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 2.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 11,915 shares of the company’s stock after selling 350 shares during the quarter. Community Bank N.A.’s holdings in Vanguard Financials ETF were worth $682,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Vanguard Financials ETF during the second quarter worth about $240,000. Golden State Wealth Management LLC bought a new position in Vanguard Financials ETF in the first quarter valued at approximately $39,000. Janney Montgomery Scott LLC raised its position in Vanguard Financials ETF by 76.2% during the first quarter. Janney Montgomery Scott LLC now owns 135,832 shares of the company’s stock valued at $6,889,000 after purchasing an additional 58,741 shares in the last quarter. Creative Planning lifted its stake in Vanguard Financials ETF by 4.5% during the second quarter. Creative Planning now owns 30,969 shares of the company’s stock worth $1,771,000 after purchasing an additional 1,324 shares during the last quarter. Finally, Colony Group LLC lifted its stake in Vanguard Financials ETF by 63.8% during the first quarter. Colony Group LLC now owns 12,275 shares of the company’s stock worth $623,000 after purchasing an additional 4,780 shares during the last quarter.
Shares of VFH traded down $0.07 during midday trading on Friday, hitting $58.91. The company’s stock had a trading volume of 1,362,733 shares, compared to its average volume of 1,002,659. Vanguard Financials ETF has a one year low of $42.34 and a one year high of $77.95. The company’s fifty day simple moving average is $58.13 and its two-hundred day simple moving average is $60.84.
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).
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