Venture Visionary Partners LLC Decreases Stake in Vanguard Financials ETF

Venture Visionary Partners LLC has lowered its ownership of the Vanguard Financials ETF (NYSEARCA:VFH – Free Report) by 5.6% during the third quarter, as stated in their latest 13F filing with the Securities and Exchange Commission. After selling 283 shares, the firm now holds a total of 4,796 shares of this fund, which were valued at approximately $527,000 at the conclusion of the latest reporting period.

Other institutional investors have also made changes to their positions in the Vanguard Financials ETF. TIAA Trust National Association increased its stake by 11.0% during the first quarter, raising their total to 8,781 shares, worth $899,000, after acquiring 873 additional shares last quarter. Lazard Asset Management LLC has purchased a new stake valued at $61,000 in the first quarter, while Boltwood Capital Management acquired 213,000 worth of shares during the third quarter. Additionally, Breakwater Capital Group grew its holdings by 5.1% in the first quarter, with a total of 2,677 shares now valued at $274,000 following the purchase of 131 shares. Fisher Asset Management LLC also acquired a new stake during the fourth quarter, valued around $243,000.

Performance of Vanguard Financials ETF

The Vanguard Financials ETF opened at $114.71 on Wednesday. Over the past year, this ETF has had fluctuations, recording a low of $75.71 and a high of $116.43. The 50-day moving average stands at $109.76, while the 200-day moving average is at $104.08. The ETF holds a market capitalization of $10.57 billion, a price-to-earnings ratio of 14.43, and a beta of 0.96, which indicates that it is relatively stable.

About Vanguard Financials ETF

The Vanguard Financials ETF functions as an exchange-traded share class of the Vanguard Financials Index Fund. It adopts a passive management approach, aiming to track the performance of the MSCI US Investable Market Financials Index. This index comprises a diverse set of stocks from significant, medium, and smaller U.S. companies within the financial sector as categorized under the Global Industry Classification Standard (GICS).

Venture, Investors, ETF