Spruce Investment Advisors’s Vanguard Financials ETF VFH Stock Holding History

Spruce Investment Advisors’s Portfolio VFH Stock Details VFH Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	$2.08M	Sell	29,631 -3,573	-11%	-$242K	4.28%	13
2017 Q3	$2.17M	Sell	33,204 -878	-3%	-$55.4K	4.19%	13
2017 Q2	$2.13M	Sell	34,082 -1,782	-5%	-$108K	3.77%	13
2017 Q1	$2.17M	Sell	35,864 -10,924	-23%	-$666K	2.5%	15
2016 Q4	$2.78M	Sell	46,788 -43,716	-48%	-$2.39M	2.16%	12
2016 Q3	$4.47M	Sell	90,504 -15,732	-15%	-$776K	2.81%	12
2016 Q2	$5.03M	Sell	106,236 -78,341	-42%	-$3.72M	2.86%	11
2016 Q1	$8.56M	Buy	+184,577	New	+$8.19M	5.28%	8

Other funds holding VFH

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

BCMIO

Beacon Capital Management Inc (Ohio) Dayton, Ohio $1.78B AUM 14.7% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

M&T Bank Buffalo, New York $29.2B AUM 22.81% 1-Year Est. Return

APP

Avantax Planning Partners Dubuque, Iowa $3.64B AUM 14.73% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $173B AUM 20.72% 1-Year Est. Return

Spruce Investment Advisors's VFH Position: Q4 2017 in Review

Spruce Investment Advisors reduced its Vanguard Financials ETF (VFH) stake by 11% in Q4 2017, selling an estimated $242K and leaving 29,631 shares worth $2.08M. The position accounts for 4.28% of the portfolio, ranked #13.

Spruce Investment Advisors first reported a position in VFH in Q1 2016 and has held it in 8 quarters since. The position peaked at $8.56M in Q1 2016. 327 funds tracked by Wall St. Rank hold VFH as of Q4 2017.

Spruce Investment Advisors held 29,631 shares of Vanguard Financials ETF worth $2.08M as of Q4 2017.
Spruce Investment Advisors sold 3,573 Vanguard Financials ETF shares in Q4 2017, an estimated $242K.
Vanguard Financials ETF made up 4.28% of Spruce Investment Advisors's portfolio in Q4 2017, its #13 holding.
Spruce Investment Advisors first reported a position in Vanguard Financials ETF in Q1 2016 and has held it in 8 quarters since.
Spruce Investment Advisors's Vanguard Financials ETF position peaked at $8.56M in Q1 2016.
327 funds tracked by Wall St. Rank held Vanguard Financials ETF as of Q4 2017.

Based on Spruce Investment Advisors's 13F filing for Q4 2017, filed 14 Feb 2018.