Vanguard Financials ETF (NYSEARCA:VFH) Shares Sold by Salomon & Ludwin LLC

Salomon & Ludwin LLC lessened its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 36.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,217 shares of the company’s stock after selling 2,416 shares during the quarter. Salomon & Ludwin LLC’s holdings in Vanguard Financials ETF were worth $463,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Glass Jacobson Investment Advisors llc increased its holdings in Vanguard Financials ETF by 8.8% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 1,230 shares of the company’s stock worth $123,000 after buying an additional 100 shares during the period. Magnus Financial Group LLC raised its holdings in shares of Vanguard Financials ETF by 0.9% during the third quarter. Magnus Financial Group LLC now owns 11,506 shares of the company’s stock worth $1,265,000 after purchasing an additional 104 shares during the last quarter. Panoramic Investment Advisors LLC lifted its position in Vanguard Financials ETF by 3.1% during the first quarter. Panoramic Investment Advisors LLC now owns 3,830 shares of the company’s stock valued at $392,000 after purchasing an additional 115 shares during the period. Wedbush Securities Inc. boosted its holdings in Vanguard Financials ETF by 4.7% in the second quarter. Wedbush Securities Inc. now owns 2,680 shares of the company’s stock valued at $268,000 after purchasing an additional 120 shares during the last quarter. Finally, Krilogy Financial LLC raised its stake in shares of Vanguard Financials ETF by 1.0% during the 2nd quarter. Krilogy Financial LLC now owns 13,315 shares of the company’s stock valued at $1,330,000 after buying an additional 134 shares during the last quarter.

Vanguard Financials ETF Stock Down 1.1 %

Shares of VFH opened at $113.38 on Monday. The stock’s 50-day moving average price is $110.29 and its 200-day moving average price is $104.33. The company has a market capitalization of $10.44 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a 52 week low of $75.71 and a 52 week high of $116.43.

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).