Florida Financial Advisors LLC Acquires New Shares in Vanguard Financials ETF (NYSEARCA:VFH)

Florida Financial Advisors LLC bought a new position in Vanguard Financials ETF (NYSEARCA:VFH) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,956 shares of the company’s stock, valued at approximately $231,000.

Several other hedge funds also recently bought and sold shares of VFH. Raymond James Financial Inc. bought a new stake in shares of Vanguard Financials ETF in the 4th quarter valued at approximately $130,549,000. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Financials ETF by 4.7% in the 3rd 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 last quarter. LPL Financial LLC boosted its holdings in Vanguard Financials ETF by 15.0% in the fourth quarter. LPL Financial LLC now owns 758,255 shares of the company’s stock worth $89,527,000 after purchasing an additional 99,117 shares in the last quarter. Advisors Preferred LLC increased its position in Vanguard Financials ETF by 48.0% during the fourth quarter. Advisors Preferred LLC now owns 446,507 shares of the company’s stock worth $52,612,000 after buying an additional 144,912 shares during the last quarter. Finally, Synovus Financial Corp raised its holdings in Vanguard Financials ETF by 97.8% during the third quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock valued at $48,714,000 after buying an additional 219,120 shares in the last quarter.

Vanguard Financials ETF Stock Performance

VFH opened at $121.44 on Wednesday. The company has a market cap of $12.13 billion, a PE ratio of 15.58 and a beta of 1.10. The stock has a 50-day moving average of $122.78 and a 200-day moving average of $118.87. Vanguard Financials ETF has a 52-week low of $95.67 and a 52-week high of $127.67.

Vanguard Financials ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be given a dividend of $0.5106 per share. 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).