Mather Group LLC. Trims Stock Position in Vanguard Financials ETF (NYSEARCA:VFH)

Mather Group LLC. reduced its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 25.2% during the fourth quarter, Holdings Channel reports. The firm owned 1,488 shares of the company’s stock after selling 500 shares during the quarter. Mather Group LLC.’s holdings in Vanguard Financials ETF were worth $176,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its position in Vanguard Financials ETF by 4.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 924,677 shares of the company’s stock valued at $101,631,000 after purchasing an additional 41,153 shares during the period. Synovus Financial Corp boosted its holdings in shares of Vanguard Financials ETF by 97.8% during the 3rd quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock valued at $48,714,000 after buying an additional 219,120 shares in the last quarter. Stifel Financial Corp boosted its holdings in shares of Vanguard Financials ETF by 2.0% during the 3rd quarter. Stifel Financial Corp now owns 433,070 shares of the company’s stock valued at $47,599,000 after buying an additional 8,462 shares in the last quarter. KCM Investment Advisors LLC boosted its holdings in shares of Vanguard Financials ETF by 0.5% during the 3rd quarter. KCM Investment Advisors LLC now owns 358,998 shares of the company’s stock valued at $39,458,000 after buying an additional 1,706 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of Vanguard Financials ETF by 3.9% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 196,692 shares of the company’s stock valued at $21,611,000 after buying an additional 7,375 shares in the last quarter.

Vanguard Financials ETF Trading Down 0.4 %

Shares of VFH stock opened at $126.66 on Friday. Vanguard Financials ETF has a 12 month low of $93.11 and a 12 month high of $127.67. The stock has a market cap of $11.67 billion, a PE ratio of 14.43 and a beta of 0.96. The company’s fifty day moving average price is $121.63 and its 200-day moving average price is $115.03.

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).