Morningstar Investment Management LLC Has $6.79 Million Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Morningstar Investment Management LLC cut its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH – Get Rating) by 56.3% in the fourth quarter, HoldingsChannel reports. The fund owned 82,031 shares of the company’s stock after selling 105,533 shares during the quarter. Vanguard Financials ETF accounts for 1.8% of Morningstar Investment Management LLC’s portfolio, making the stock its 14th biggest holding. Morningstar Investment Management LLC’s holdings in Vanguard Financials ETF were worth $6,786,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of VFH. MAS Advisors LLC boosted its position in Vanguard Financials ETF by 14.0% during the 1st quarter. MAS Advisors LLC now owns 4,044 shares of the company’s stock worth $386,000 after acquiring an additional 496 shares during the period. Citigroup Inc. lifted its holdings in shares of Vanguard Financials ETF by 21.5% during the 1st quarter. Citigroup Inc. now owns 27,340 shares of the company’s stock valued at $2,553,000 after buying an additional 4,844 shares during the last quarter. Bank of Montreal Can lifted its holdings in shares of Vanguard Financials ETF by 8.7% during the 1st quarter. Bank of Montreal Can now owns 4,587 shares of the company’s stock valued at $442,000 after buying an additional 368 shares during the last quarter. Blair William & Co. IL lifted its holdings in shares of Vanguard Financials ETF by 38.5% during the 1st quarter. Blair William & Co. IL now owns 19,371 shares of the company’s stock valued at $1,809,000 after buying an additional 5,381 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its holdings in shares of Vanguard Financials ETF by 25.7% during the 1st quarter. Sequoia Financial Advisors LLC now owns 5,361 shares of the company’s stock valued at $501,000 after buying an additional 1,096 shares during the last quarter.

Vanguard Financials ETF Stock Performance

Shares of Vanguard Financials ETF stock traded up $0.71 during trading on Friday, hitting $77.34. 104,732 shares of the stock traded hands, compared to its average volume of 521,062. The stock has a market cap of $7.62 billion, a P/E ratio of 12.10 and a beta of 1.09. Vanguard Financials ETF has a twelve month low of $72.96 and a twelve month high of $90.87. The company has a fifty day moving average price of $77.42 and a two-hundred day moving average price of $82.84.

About Vanguard Financials ETF

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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).