Harbour Investment Management LLC Trims Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Harbour Investment Management LLC lowered its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 1.6% in the third quarter, HoldingsChannel.com reports. The firm owned 18,783 shares of the company’s stock after selling 300 shares during the period. Harbour Investment Management LLC’s holdings in Vanguard Financials ETF were worth $2,075,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in VFH. LPL Financial LLC lifted its position in shares of Vanguard Financials ETF by 9.1% during the second quarter. LPL Financial LLC now owns 652,973 shares of the company’s stock worth $65,219,000 after purchasing an additional 54,206 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in Vanguard Financials ETF by 4.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 600,815 shares of the company’s stock worth $60,009,000 after buying an additional 25,730 shares in the last quarter. Raymond James & Associates boosted its position in Vanguard Financials ETF by 9.4% in the 2nd quarter. Raymond James & Associates now owns 471,964 shares of the company’s stock valued at $47,140,000 after buying an additional 40,730 shares during the period. Cetera Investment Advisers grew its stake in shares of Vanguard Financials ETF by 702.9% in the first quarter. Cetera Investment Advisers now owns 390,808 shares of the company’s stock worth $40,015,000 after acquiring an additional 342,131 shares in the last quarter. Finally, KCM Investment Advisors LLC grew its stake in shares of Vanguard Financials ETF by 3.9% in the first quarter. KCM Investment Advisors LLC now owns 356,950 shares of the company’s stock worth $36,548,000 after acquiring an additional 13,357 shares in the last quarter.

Vanguard Financials ETF Price Performance

Shares of NYSEARCA VFH traded down $0.04 during mid-day trading on Friday, hitting $113.19. The company had a trading volume of 346,495 shares, compared to its average volume of 361,741. Vanguard Financials ETF has a 1-year low of $79.19 and a 1-year high of $116.43. The company has a market capitalization of $10.43 billion, a PE ratio of 14.43 and a beta of 0.96. The business’s 50-day simple moving average is $111.02 and its 200 day simple moving average is $104.91.

About Vanguard Financials ETF

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).