LPL Financial LLC Has $89.53 Million Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

LPL Financial LLC lifted its position in Vanguard Financials ETF (NYSEARCA:VFH) by 15.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 758,255 shares of the company’s stock after purchasing an additional 99,117 shares during the quarter. LPL Financial LLC owned 0.82% of Vanguard Financials ETF worth $89,527,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Comprehensive Financial Planning Inc. PA bought a new stake in shares of Vanguard Financials ETF in the 4th quarter valued at approximately $26,000. Abound Wealth Management boosted its stake 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 buying an additional 186 shares in the last quarter. Brown Brothers Harriman & Co. grew its position in Vanguard Financials ETF by 45.0% in the third quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock valued at $32,000 after acquiring an additional 90 shares during the period. Kestra Investment Management LLC acquired a new position in Vanguard Financials ETF during the fourth quarter worth $35,000. Finally, Heck Capital Advisors LLC bought a new position in shares of Vanguard Financials ETF during the fourth quarter valued at $45,000.

Vanguard Financials ETF Stock Up 0.1 %

NYSEARCA:VFH opened at $121.44 on Wednesday. The firm has a market cap of $12.13 billion, a PE ratio of 15.58 and a beta of 1.10. The company’s 50-day moving average price is $122.78 and its two-hundred day moving average price is $118.87. 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 business also recently disclosed a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be given a $0.5106 dividend. The ex-dividend date is Tuesday, March 25th. This is a boost from Vanguard Financials ETF’s previous dividend of $0.46.

Vanguard Financials ETF Company 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).