Collaborative Wealth Managment Inc. Sells 260 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Collaborative Wealth Managment Inc. reduced its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 7.8% in the 4th quarter, Holdings Channel reports. The firm owned 3,092 shares of the company’s stock after selling 260 shares during the quarter. Collaborative Wealth Managment Inc.’s holdings in Vanguard Financials ETF were worth $365,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of VFH. Raymond James Financial Inc. bought a new position in Vanguard Financials ETF during the 4th quarter worth $130,549,000. Synovus Financial Corp raised its position in Vanguard Financials ETF by 97.8% during the 3rd quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock worth $48,714,000 after purchasing an additional 219,120 shares during the last quarter. Wealthfront Advisers LLC raised its position in Vanguard Financials ETF by 2,906.6% during the 4th quarter. Wealthfront Advisers LLC now owns 218,700 shares of the company’s stock worth $25,822,000 after purchasing an additional 211,426 shares during the last quarter. Advisors Preferred LLC grew its holdings in Vanguard Financials ETF by 48.0% during the 4th quarter. Advisors Preferred LLC now owns 446,507 shares of the company’s stock worth $52,612,000 after acquiring an additional 144,912 shares during the period. Finally, EWG Elevate Inc. acquired a new stake in Vanguard Financials ETF during the 4th quarter worth about $12,919,000.

Vanguard Financials ETF Trading Up 2.4 %

Shares of Vanguard Financials ETF stock opened at $116.81 on Friday. The business has a 50-day moving average price of $122.51 and a two-hundred day moving average price of $118.31. Vanguard Financials ETF has a 1-year low of $95.67 and a 1-year high of $127.67. The company has a market cap of $11.67 billion, a P/E ratio of 15.58 and a beta of 1.10.

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).