Gray Wealth Management Inc. Decreases Stake in Vanguard Financials ETF (NYSEARCA:VFH)

Gray Wealth Management Inc. trimmed its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 10.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 20,105 shares of the company’s stock after selling 2,329 shares during the quarter. Vanguard Financials ETF accounts for about 0.9% of Gray Wealth Management Inc.’s investment portfolio, making the stock its 24th biggest position. Gray Wealth Management Inc.’s holdings in Vanguard Financials ETF were worth $1,855,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Brown Advisory Inc. grew its position in shares of Vanguard Financials ETF by 2.2% during the fourth quarter. Brown Advisory Inc. now owns 5,759 shares of the company’s stock worth $476,000 after buying an additional 126 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Vanguard Financials ETF by 9.8% in the 3rd quarter. Geneos Wealth Management Inc. now owns 1,418 shares of the company’s stock valued at $114,000 after purchasing an additional 127 shares in the last quarter. Kestra Private Wealth Services LLC raised its stake in shares of Vanguard Financials ETF by 1.1% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 12,581 shares of the company’s stock valued at $1,011,000 after purchasing an additional 131 shares in the last quarter. Hardy Reed LLC lifted its position in shares of Vanguard Financials ETF by 2.2% during the fourth quarter. Hardy Reed LLC now owns 6,315 shares of the company’s stock worth $583,000 after purchasing an additional 137 shares during the last quarter. Finally, Keeley Teton Advisors LLC grew its stake in Vanguard Financials ETF by 0.3% in the third quarter. Keeley Teton Advisors LLC now owns 60,759 shares of the company’s stock worth $4,880,000 after purchasing an additional 159 shares in the last quarter.

Vanguard Financials ETF Stock Up 0.4 %

NYSEARCA:VFH traded up $0.37 during trading hours on Thursday, reaching $96.40. 271,872 shares of the stock were exchanged, compared to its average volume of 532,710. The stock has a market capitalization of $8.88 billion, a P/E ratio of 14.31 and a beta of 0.96. Vanguard Financials ETF has a 52 week low of $73.87 and a 52 week high of $102.60. The firm has a 50 day simple moving average of $98.55 and a 200-day simple moving average of $90.89.

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).