Trek Financial LLC Acquires Shares of 45,755 Vanguard Financials ETF (NYSEARCA:VFH)

Trek Financial LLC bought a new position in Vanguard Financials ETF (NYSEARCA:VFH) during the 4th quarter, Holdings Channel reports. The fund bought 45,755 shares of the company’s stock, valued at approximately $5,402,000.

A number of other hedge funds also recently made changes to their positions in the company. Wells Fargo & Company MN increased its holdings in shares of Vanguard Financials ETF by 15.8% in the 4th quarter. Wells Fargo & Company MN now owns 1,582,629 shares of the company’s stock worth $186,861,000 after buying an additional 216,103 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Vanguard Financials ETF during the fourth quarter worth approximately $130,549,000. JPMorgan Chase & Co. raised its position in Vanguard Financials ETF by 4.7% during the third quarter. JPMorgan Chase & Co. now owns 924,677 shares of the company’s stock valued at $101,631,000 after purchasing an additional 41,153 shares during the period. LPL Financial LLC lifted its stake in shares of Vanguard Financials ETF by 15.0% in the 4th quarter. LPL Financial LLC now owns 758,255 shares of the company’s stock valued at $89,527,000 after purchasing an additional 99,117 shares during the last quarter. Finally, Advisors Preferred LLC boosted its holdings in shares of Vanguard Financials ETF by 48.0% in the 4th quarter. Advisors Preferred LLC now owns 446,507 shares of the company’s stock worth $52,612,000 after purchasing an additional 144,912 shares during the period.

Vanguard Financials ETF Stock Down 7.1 %

Shares of VFH opened at $105.71 on Friday. Vanguard Financials ETF has a 52-week low of $95.67 and a 52-week high of $127.67. The company has a market cap of $10.66 billion, a PE ratio of 16.30 and a beta of 1.10. The business has a fifty day moving average of $121.86 and a 200 day moving average of $119.30.

Vanguard Financials ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.5106 dividend. The ex-dividend date was Tuesday, March 25th. This is an increase from Vanguard Financials ETF’s previous dividend of $0.46.

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).