Calton & Associates Inc. Reduces Position in Vanguard Financials ETF (NYSEARCA:VFH)

Calton & Associates Inc. reduced its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 36.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,463 shares of the company’s stock after selling 26,971 shares during the period. Vanguard Financials ETF comprises about 2.0% of Calton & Associates Inc.’s holdings, making the stock its 8th largest holding. Calton & Associates Inc.’s holdings in Vanguard Financials ETF were worth $5,217,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. TIAA Trust National Association lifted its position in Vanguard Financials ETF by 11.0% during the 1st quarter. TIAA Trust National Association now owns 8,781 shares of the company’s stock worth $899,000 after buying an additional 873 shares in the last quarter. Lazard Asset Management LLC acquired a new stake in shares of Vanguard Financials ETF in the first quarter valued at approximately $61,000. Boltwood Capital Management acquired a new position in Vanguard Financials ETF during the third quarter valued at approximately $213,000. Breakwater Capital Group grew its position in shares of Vanguard Financials ETF by 5.1% in the 1st quarter. Breakwater Capital Group now owns 2,677 shares of the company’s stock valued at $274,000 after acquiring an additional 131 shares during the period. Finally, Fisher Asset Management LLC bought a new position in Vanguard Financials ETF during the fourth quarter worth $243,000.

Vanguard Financials ETF Stock Performance

Shares of VFH stock traded down $0.29 during trading on Tuesday, hitting $114.54. The company had a trading volume of 5,795 shares, compared to its average volume of 367,884. The stock’s 50-day moving average price is $109.53 and its 200 day moving average price is $103.98. Vanguard Financials ETF has a one year low of $75.71 and a one year high of $116.43. The firm has a market capitalization of $10.55 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).