2,118 Shares in Vanguard Financials ETF (NYSEARCA:VFH) Purchased by Financial Counselors Inc.

Financial Counselors Inc. bought a new stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 2,118 shares of the company’s stock, valued at approximately $250,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Transcend Capital Advisors LLC increased its stake in shares of Vanguard Financials ETF by 0.5% during the fourth quarter. Transcend Capital Advisors LLC now owns 18,148 shares of the company’s stock valued at $2,143,000 after acquiring an additional 86 shares during the period. Consolidated Portfolio Review Corp boosted its stake in Vanguard Financials ETF by 1.0% during the 4th quarter. Consolidated Portfolio Review Corp now owns 10,287 shares of the company’s stock valued at $1,215,000 after purchasing an additional 104 shares in the last quarter. Lewis Asset Management LLC increased its position in shares of Vanguard Financials ETF by 2.2% during the 4th quarter. Lewis Asset Management LLC now owns 4,871 shares of the company’s stock valued at $575,000 after purchasing an additional 105 shares during the period. Strategic Blueprint LLC raised its stake in shares of Vanguard Financials ETF by 1.8% in the 4th quarter. Strategic Blueprint LLC now owns 5,911 shares of the company’s stock worth $698,000 after buying an additional 107 shares in the last quarter. Finally, Modern Wealth Management LLC lifted its holdings in shares of Vanguard Financials ETF by 3.5% in the fourth quarter. Modern Wealth Management LLC now owns 3,288 shares of the company’s stock valued at $413,000 after buying an additional 111 shares during the period.

Vanguard Financials ETF Stock Down 2.1 %

Shares of VFH stock opened at $118.03 on Friday. The stock has a 50-day simple moving average of $122.66 and a 200 day simple moving average of $119.04. The stock has a market capitalization of $11.79 billion, a P/E ratio of 15.58 and a beta of 1.10. 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 firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a dividend of $0.5106 per share. This is a positive change from Vanguard Financials ETF’s previous dividend of $0.46. The ex-dividend date of this dividend was Tuesday, March 25th.

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).