Kennicott Capital Management LLC Has $1.34 Million Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Kennicott Capital Management LLC cut its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 12.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 14,537 shares of the company’s stock after selling 2,120 shares during the quarter. Vanguard Financials ETF accounts for about 0.7% of Kennicott Capital Management LLC’s portfolio, making the stock its 18th biggest holding. Kennicott Capital Management LLC’s holdings in Vanguard Financials ETF were worth $1,341,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. KCM Investment Advisors LLC increased its position in shares of Vanguard Financials ETF by 3.1% during the third quarter. KCM Investment Advisors LLC now owns 325,590 shares of the company’s stock valued at $26,151,000 after purchasing an additional 9,762 shares during the period. Wheelhouse Advisory Group LLC acquired a new position in Vanguard Financials ETF in the fourth quarter worth $5,482,000. Westside Investment Management Inc. boosted its stake in Vanguard Financials ETF by 6.6% in the fourth quarter. Westside Investment Management Inc. now owns 7,310 shares of the company’s stock worth $674,000 after purchasing an additional 450 shares in the last quarter. Brookstone Capital Management acquired a new position in Vanguard Financials ETF in the fourth quarter worth $768,000. Finally, Synovus Financial Corp boosted its stake in Vanguard Financials ETF by 3.1% in the third quarter. Synovus Financial Corp now owns 224,943 shares of the company’s stock worth $18,077,000 after purchasing an additional 6,722 shares in the last quarter.

Vanguard Financials ETF Stock Performance

Vanguard Financials ETF stock traded up $0.81 on Tuesday, reaching $99.87. The company’s stock had a trading volume of 252,849 shares, compared to its average volume of 524,171. The company has a market cap of $9.20 billion, a price-to-earnings ratio of 14.31 and a beta of 0.96. The business’s fifty day moving average price is $98.85 and its 200 day moving average price is $91.51. Vanguard Financials ETF has a twelve month low of $73.87 and a twelve month high of $102.60.

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).