Vanguard Financials ETF (NYSEARCA:VFH) is LCM Capital Management Inc’s 8th Largest Position

LCM Capital Management Inc reduced its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 0.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 59,020 shares of the company’s stock after selling 194 shares during the period. Vanguard Financials ETF comprises 3.7% of LCM Capital Management Inc’s investment portfolio, making the stock its 8th largest holding. LCM Capital Management Inc’s holdings in Vanguard Financials ETF were worth $6,487,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in VFH. Family Firm Inc. acquired a new stake in Vanguard Financials ETF in the 2nd quarter valued at about $25,000. Rothschild Investment LLC acquired a new stake in Vanguard Financials ETF in the second quarter valued at approximately $29,000. Rosenberg Matthew Hamilton purchased a new position in Vanguard Financials ETF in the second quarter worth approximately $43,000. Larson Financial Group LLC grew its holdings in Vanguard Financials ETF by 350.0% during the 2nd quarter. Larson Financial Group LLC now owns 450 shares of the company’s stock worth $45,000 after acquiring an additional 350 shares in the last quarter. Finally, GAMMA Investing LLC purchased a new stake in shares of Vanguard Financials ETF in the 3rd quarter valued at approximately $54,000.

Vanguard Financials ETF Trading Down 1.5 %

Shares of VFH opened at $113.20 on Friday. The firm has a market capitalization of $10.43 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. The firm’s fifty day simple moving average is $110.91 and its 200-day simple moving average is $104.73. Vanguard Financials ETF has a twelve month low of $77.19 and a twelve month high of $116.43.

Vanguard Financials ETF 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).