Vanguard Financials ETF (NYSEARCA:VFH) Shares Bought by Modern Wealth Management LLC

Modern Wealth Management LLC lifted its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,288 shares of the company’s stock after buying an additional 111 shares during the quarter. Modern Wealth Management LLC’s holdings in Vanguard Financials ETF were worth $413,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Comprehensive Financial Planning Inc. PA acquired a new stake in Vanguard Financials ETF during the 4th quarter worth $26,000. Abound Wealth Management raised its holdings in shares of Vanguard Financials ETF by 379.6% in the fourth quarter. Abound Wealth Management now owns 235 shares of the company’s stock valued at $28,000 after buying an additional 186 shares during the last quarter. Brown Brothers Harriman & Co. boosted its stake in shares of Vanguard Financials ETF by 45.0% during the third quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock worth $32,000 after buying an additional 90 shares during the period. Kestra Investment Management LLC purchased a new position in shares of Vanguard Financials ETF during the fourth quarter worth about $35,000. Finally, Heck Capital Advisors LLC acquired a new position in Vanguard Financials ETF in the 4th quarter valued at about $45,000.

Vanguard Financials ETF Trading Down 0.3 %

Vanguard Financials ETF stock opened at $120.51 on Friday. The stock has a 50 day moving average of $122.75 and a two-hundred day moving average of $118.89. Vanguard Financials ETF has a twelve month low of $95.67 and a twelve month high of $127.67. The stock has a market capitalization of $12.04 billion, a price-to-earnings ratio of 15.58 and a beta of 1.10.

Vanguard Financials ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a dividend of $0.5106 per share. The ex-dividend date was Tuesday, March 25th. This is an increase from Vanguard Financials ETF’s previous dividend of $0.46.

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).