Prime Capital Investment Advisors LLC Sells 2,706 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Prime Capital Investment Advisors LLC lessened its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 14.2% during the second quarter, HoldingsChannel reports. The firm owned 16,285 shares of the company’s stock after selling 2,706 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Vanguard Financials ETF were worth $1,627,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Panoramic Investment Advisors LLC boosted 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 worth $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 2nd quarter. Wedbush Securities Inc. now owns 2,680 shares of the company’s stock worth $268,000 after buying an additional 120 shares during the period. Breakwater Capital Group grew its stake in Vanguard Financials ETF by 5.1% in the 1st quarter. Breakwater Capital Group now owns 2,677 shares of the company’s stock valued at $274,000 after buying an additional 131 shares in the last quarter. Krilogy Financial LLC raised its holdings in 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 acquiring an additional 134 shares during the period. Finally, Cladis Investment Advisory LLC lifted its position in shares of Vanguard Financials ETF by 1.1% during the fourth quarter. Cladis Investment Advisory LLC now owns 12,984 shares of the company’s stock worth $1,198,000 after acquiring an additional 140 shares in the last quarter.

Vanguard Financials ETF Stock Performance

Shares of VFH opened at $109.95 on Wednesday. The stock has a market capitalization of $10.13 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 $111.00. The stock’s 50-day simple moving average is $105.98 and its 200 day simple moving average is $102.08.

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).