Anchor Investment Management LLC Lowers Position in Vanguard Financials ETF (NYSEARCA:VFH)

Anchor Investment Management LLC trimmed its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 2.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,282 shares of the company’s stock after selling 883 shares during the quarter. Anchor Investment Management LLC’s holdings in Vanguard Financials ETF were worth $3,324,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Beacon Capital Management Inc. increased its position in shares of Vanguard Financials ETF by 206.2% in the first quarter. Beacon Capital Management Inc. now owns 1,671,708 shares of the company’s stock worth $169,729,000 after purchasing an additional 1,125,795 shares during the last quarter. Morningstar Investment Services LLC increased its holdings in shares of Vanguard Financials ETF by 62.1% in the 4th quarter. Morningstar Investment Services LLC now owns 818,619 shares of the company’s stock worth $75,861,000 after buying an additional 313,649 shares during the last quarter. LPL Financial LLC raised its position in shares of Vanguard Financials ETF by 9.1% during the 2nd quarter. LPL Financial LLC now owns 652,973 shares of the company’s stock valued at $65,219,000 after buying an additional 54,206 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Vanguard Financials ETF by 4.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 600,815 shares of the company’s stock worth $60,009,000 after acquiring an additional 25,730 shares during the last quarter. Finally, Raymond James & Associates grew its position in Vanguard Financials ETF by 9.4% in the second quarter. Raymond James & Associates now owns 471,964 shares of the company’s stock worth $47,140,000 after acquiring an additional 40,730 shares in the last quarter.

Vanguard Financials ETF Stock Up 0.1 %

VFH opened at $109.28 on Thursday. The business’s fifty day simple moving average is $107.16 and its 200 day simple moving average is $102.90. Vanguard Financials ETF has a 52 week low of $75.71 and a 52 week high of $111.40. The stock has a market cap of $10.07 billion, a PE ratio of 14.43 and a beta of 0.96.

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).