Concurrent Investment Advisors LLC Has $3.90 Million Stock Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Concurrent Investment Advisors LLC lessened its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 17.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,074 shares of the company’s stock after selling 7,966 shares during the period. Concurrent Investment Advisors LLC’s holdings in Vanguard Financials ETF were worth $3,898,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Silver Oak Securities Incorporated grew its stake in shares of Vanguard Financials ETF by 4.2% during the fourth quarter. Silver Oak Securities Incorporated now owns 2,844 shares of the company’s stock valued at $262,000 after purchasing an additional 115 shares during the last quarter. Panoramic Investment Advisors LLC grew its stake in shares of Vanguard Financials ETF by 3.1% during the first quarter. Panoramic Investment Advisors LLC now owns 3,830 shares of the company’s stock valued at $392,000 after purchasing an additional 115 shares during the last quarter. Breakwater Capital Group grew its stake in shares of Vanguard Financials ETF by 5.1% during the first quarter. Breakwater Capital Group now owns 2,677 shares of the company’s stock valued at $274,000 after purchasing an additional 131 shares during the last quarter. Cladis Investment Advisory LLC grew its stake in shares of Vanguard Financials ETF by 1.1% during the fourth quarter. Cladis Investment Advisory LLC now owns 12,984 shares of the company’s stock valued at $1,198,000 after purchasing an additional 140 shares during the last quarter. Finally, Compass Ion Advisors LLC grew its stake in shares of Vanguard Financials ETF by 4.9% during the first quarter. Compass Ion Advisors LLC now owns 3,746 shares of the company’s stock valued at $384,000 after purchasing an additional 174 shares during the last quarter.

Vanguard Financials ETF Trading Up 1.6 %

Shares of VFH traded up $1.66 during mid-day trading on Monday, hitting $104.65. 302,474 shares of the company traded hands, compared to its average volume of 412,680. Vanguard Financials ETF has a one year low of $75.71 and a one year high of $104.85. The business has a 50-day moving average of $100.63 and a 200 day moving average of $98.02. The stock has a market capitalization of $9.64 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96.

Vanguard Financials ETF Company 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).