Orion Portfolio Solutions LLC Cuts Stock Position in Vanguard Financials ETF (NYSEARCA:VFH)

Orion Portfolio Solutions LLC cut its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 9.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,315 shares of the company’s stock after selling 931 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Vanguard Financials ETF were worth $1,100,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Comprehensive Financial Planning Inc. PA bought a new position in Vanguard Financials ETF during the fourth quarter valued at about $26,000. Abound Wealth Management grew its position in shares of 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 acquiring an additional 186 shares during the period. Kestra Investment Management LLC purchased a new stake in shares of Vanguard Financials ETF during the 4th quarter worth approximately $35,000. Heck Capital Advisors LLC bought a new stake in shares of Vanguard Financials ETF in the 4th quarter worth approximately $45,000. Finally, Duncker Streett & Co. Inc. purchased a new position in Vanguard Financials ETF in the fourth quarter valued at approximately $46,000.

Vanguard Financials ETF Price Performance

NYSEARCA:VFH opened at $105.71 on Friday. The company has a market capitalization of $10.66 billion, a P/E ratio of 16.30 and a beta of 1.10. The business has a fifty day simple moving average of $121.86 and a two-hundred day simple moving average of $119.24. Vanguard Financials ETF has a 1 year low of $95.67 and a 1 year high of $127.67.

Vanguard Financials ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors 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 of this dividend 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).