Murphy & Mullick Capital Management Corp Acquires Shares of 530 Vanguard Financials ETF (NYSEARCA:VFH)

Murphy & Mullick Capital Management Corp bought a new position in Vanguard Financials ETF (NYSEARCA:VFH) in the 4th quarter, Holdings Channel.com reports. The fund bought 530 shares of the company’s stock, valued at approximately $63,000.

A number of other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in Vanguard Financials ETF by 4.7% in the third quarter. JPMorgan Chase & Co. now owns 924,677 shares of the company’s stock worth $101,631,000 after purchasing an additional 41,153 shares in the last quarter. Kingsview Wealth Management LLC bought a new position in Vanguard Financials ETF during the 4th quarter worth approximately $209,000. PNC Financial Services Group Inc. grew its position in shares of Vanguard Financials ETF by 3.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 237,861 shares of the company’s stock worth $28,084,000 after acquiring an additional 7,186 shares in the last quarter. Empowered Funds LLC bought a new stake in shares of Vanguard Financials ETF in the 4th quarter valued at approximately $154,000. Finally, Keybank National Association OH raised its position in shares of Vanguard Financials ETF by 35.5% during the 4th quarter. Keybank National Association OH now owns 4,121 shares of the company’s stock valued at $487,000 after acquiring an additional 1,079 shares in the last quarter.

Vanguard Financials ETF Price Performance

Shares of VFH opened at $120.51 on Friday. The stock has a market capitalization of $12.04 billion, a PE ratio of 15.58 and a beta of 1.10. The business’s fifty day moving average price is $122.75 and its 200 day moving average price is $118.89. Vanguard Financials ETF has a 12-month low of $95.67 and a 12-month high of $127.67.

Vanguard Financials ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a $0.5106 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This is a positive change from Vanguard Financials ETF’s previous dividend of $0.46.

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).