Fmr LLC Trims Stock Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Fmr LLC lowered its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 1.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,063,681 shares of the company’s stock after selling 11,292 shares during the quarter. Fmr LLC’s holdings in Vanguard Financials ETF were worth $125,589,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of VFH. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vanguard Financials ETF during the fourth quarter valued at $26,000. Abound Wealth Management lifted its holdings in Vanguard Financials ETF by 379.6% during the 4th quarter. Abound Wealth Management now owns 235 shares of the company’s stock valued at $28,000 after buying an additional 186 shares in the last quarter. Kestra Investment Management LLC bought a new stake in Vanguard Financials ETF during the 4th quarter valued at about $35,000. Russell Investments Group Ltd. boosted its position in Vanguard Financials ETF by 65.6% in the 4th quarter. Russell Investments Group Ltd. now owns 366 shares of the company’s stock valued at $43,000 after buying an additional 145 shares during the period. Finally, Heck Capital Advisors LLC bought a new position in Vanguard Financials ETF in the 4th quarter worth about $45,000.

Vanguard Financials ETF Stock Performance

Vanguard Financials ETF stock opened at $112.53 on Tuesday. The company has a market capitalization of $11.34 billion, a PE ratio of 16.30 and a beta of 1.10. The company has a 50 day moving average price of $119.24 and a 200-day moving average price of $119.26. Vanguard Financials ETF has a fifty-two week low of $95.67 and a fifty-two week high of $127.67.

Vanguard Financials ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued 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.

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).