Janney Montgomery Scott LLC Sells 1,816 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Janney Montgomery Scott LLC lessened its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 2.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 85,816 shares of the company’s stock after selling 1,816 shares during the period. Janney Montgomery Scott LLC’s holdings in Vanguard Financials ETF were worth $9,432,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Cetera Investment Advisers raised its position in shares of Vanguard Financials ETF by 702.9% during the 1st quarter. Cetera Investment Advisers now owns 390,808 shares of the company’s stock valued at $40,015,000 after buying an additional 342,131 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Vanguard Financials ETF in the 2nd quarter valued at approximately $10,902,000. Bordeaux Wealth Advisors LLC purchased a new position in shares of Vanguard Financials ETF in the 2nd quarter worth approximately $10,745,000. Cetera Advisor Networks LLC increased its position in shares of Vanguard Financials ETF by 67.8% during the 1st quarter. Cetera Advisor Networks LLC now owns 237,457 shares of the company’s stock valued at $24,313,000 after purchasing an additional 95,980 shares during the last quarter. Finally, Cetera Advisors LLC raised its holdings in Vanguard Financials ETF by 821.7% during the 1st quarter. Cetera Advisors LLC now owns 101,777 shares of the company’s stock valued at $10,421,000 after buying an additional 90,735 shares during the period.

Vanguard Financials ETF Stock Down 1.7 %

Shares of VFH opened at $119.48 on Friday. The business has a fifty day moving average of $111.65 and a 200 day moving average of $105.42. The company has a market cap of $11.01 billion, a PE ratio of 14.43 and a beta of 0.96. Vanguard Financials ETF has a 52-week low of $80.78 and a 52-week high of $121.75.

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).