City State Bank Reduces Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

City State Bank lowered its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 2.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,814 shares of the company’s stock after selling 642 shares during the quarter. Vanguard Financials ETF accounts for about 1.2% of City State Bank’s investment portfolio, making the stock its 21st largest position. City State Bank’s holdings in Vanguard Financials ETF were worth $3,284,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Brown Brothers Harriman & Co. lifted its holdings in Vanguard Financials ETF by 45.0% during the third quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock valued at $32,000 after purchasing an additional 90 shares in the last quarter. GAMMA Investing LLC purchased a new position in shares of Vanguard Financials ETF in the third quarter worth $54,000. Ashton Thomas Securities LLC purchased a new position in shares of Vanguard Financials ETF in the third quarter worth $54,000. McClarren Financial Advisors Inc. lifted its holdings in shares of Vanguard Financials ETF by 256.3% in the third quarter. McClarren Financial Advisors Inc. now owns 709 shares of the company’s stock worth $77,000 after buying an additional 510 shares in the last quarter. Finally, Hara Capital LLC purchased a new position in shares of Vanguard Financials ETF in the third quarter worth $102,000.

Vanguard Financials ETF Price Performance

Shares of VFH stock traded up $0.23 during mid-day trading on Monday, hitting $115.70. The company had a trading volume of 93,406 shares, compared to its average volume of 449,770. The stock’s 50 day moving average price is $120.95 and its 200-day moving average price is $112.34. Vanguard Financials ETF has a 52-week low of $90.02 and a 52-week high of $126.85. The company has a market capitalization of $10.66 billion, a P/E ratio of 14.43 and a beta of 0.96.

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).