Oppenheimer & Co. Inc. lowered its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 16.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,197 shares of the company’s stock after selling 1,004 shares during the period. Oppenheimer & Co. Inc.’s holdings in Vanguard Financials ETF were worth $359,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of VFH. JPMorgan Chase & Co. boosted its stake in Vanguard Financials ETF by 2,105.0% in the second quarter. JPMorgan Chase & Co. now owns 2,929,852 shares of the company’s stock valued at $199,348,000 after acquiring an additional 2,796,978 shares in the last quarter. Beacon Capital Management Inc. boosted its stake in shares of Vanguard Financials ETF by 28.9% during the second quarter. Beacon Capital Management Inc. now owns 2,443,361 shares of the company’s stock worth $168,616,000 after buying an additional 547,873 shares during the period. Northeast Financial Consultants Inc boosted its stake in shares of Vanguard Financials ETF by 4,564.6% during the second quarter. Northeast Financial Consultants Inc now owns 279,874 shares of the company’s stock worth $19,314,000 after buying an additional 273,874 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Financials ETF by 106.7% during the first quarter. Envestnet Asset Management Inc. now owns 473,361 shares of the company’s stock worth $30,551,000 after buying an additional 244,346 shares during the period. Finally, Private Advisory Group LLC acquired a new stake in shares of Vanguard Financials ETF during the second quarter worth about $3,490,000.
Shares of VFH traded up $0.18 during mid-day trading on Thursday, hitting $70.67. 46,393 shares of the company’s stock were exchanged, compared to its average volume of 635,203. Vanguard Financials ETF has a fifty-two week low of $55.16 and a fifty-two week high of $72.97. The business’s 50 day moving average is $68.06 and its two-hundred day moving average is $67.82.
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).
Featured Story: Is a Roth IRA right for you?
Want to see what other hedge funds are holding VFH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Financials ETF (NYSEARCA:VFH).
Receive News & Ratings for Vanguard Financials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Financials ETF and related companies with MarketBeat.com's FREE daily email newsletter.