Long Island Wealth Management Inc. Sells 387 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Long Island Wealth Management Inc. trimmed its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 1.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 32,154 shares of the company’s stock after selling 387 shares during the period. Vanguard Financials ETF makes up about 2.3% of Long Island Wealth Management Inc.’s investment portfolio, making the stock its 14th largest holding. Long Island Wealth Management Inc.’s holdings in Vanguard Financials ETF were worth $3,212,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Daymark Wealth Partners LLC purchased a new position in Vanguard Financials ETF during the second quarter valued at approximately $203,000. Trinity Legacy Partners LLC grew its stake in shares of Vanguard Financials ETF by 1.0% in the 2nd quarter. Trinity Legacy Partners LLC now owns 24,839 shares of the company’s stock worth $2,481,000 after buying an additional 255 shares in the last quarter. Certified Advisory Corp purchased a new stake in Vanguard Financials ETF during the second quarter valued at approximately $302,000. Glass Jacobson Investment Advisors llc lifted its position in Vanguard Financials ETF by 8.8% in the second 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 last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its stake in shares of Vanguard Financials ETF by 2.8% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 21,044 shares of the company’s stock worth $2,102,000 after purchasing an additional 570 shares during the period.

Vanguard Financials ETF Stock Up 0.4 %

Shares of Vanguard Financials ETF stock opened at $109.59 on Friday. The company has a market capitalization of $10.09 billion, a PE 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 $111.40. The stock’s fifty day moving average is $106.79 and its two-hundred day moving average is $102.59.

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).