Vanguard Financials ETF (NYSEARCA:VFH) Sees Large Volume Increase – Time to Buy?

Vanguard Financials ETF (NYSEARCA:VFH) shares saw unusually-strong trading volume on Wednesday . Approximately 387,066 shares traded hands during trading, an increase of 3% from the previous session’s volume of 374,446 shares.The stock last traded at $119.47 and had previously closed at $119.47.

Vanguard Financials ETF Stock Performance

The firm has a market cap of $12.08 billion, a P/E ratio of 16.30 and a beta of 1.10. The firm’s fifty day moving average is $122.50 and its 200 day moving average is $119.29.

Vanguard Financials ETF Increases Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Vanguard Financials ETF in the fourth quarter valued at approximately $26,000. Abound Wealth Management raised its holdings in Vanguard Financials ETF by 379.6% in the 4th quarter. Abound Wealth Management now owns 235 shares of the company’s stock valued at $28,000 after acquiring an additional 186 shares in the last quarter. Kestra Investment Management LLC bought a new stake in shares of Vanguard Financials ETF during the 4th quarter valued at $35,000. Russell Investments Group Ltd. grew its holdings in shares of Vanguard Financials ETF by 65.6% during the 4th quarter. Russell Investments Group Ltd. now owns 366 shares of the company’s stock worth $43,000 after purchasing an additional 145 shares in the last quarter. Finally, Heck Capital Advisors LLC bought a new position in shares of Vanguard Financials ETF in the fourth quarter worth $45,000.

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).