Interchange Capital Partners LLC Cuts Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Interchange Capital Partners LLC lessened its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 9.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,788 shares of the company’s stock after selling 288 shares during the period. Interchange Capital Partners LLC’s holdings in Vanguard Financials ETF were worth $329,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Comprehensive Financial Planning Inc. PA acquired a new stake in Vanguard Financials ETF in the 4th quarter valued at $26,000. Abound Wealth Management raised its holdings 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 buying an additional 186 shares during the period. Brown Brothers Harriman & Co. raised its holdings in shares of Vanguard Financials ETF by 45.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock valued at $32,000 after buying an additional 90 shares during the period. Kestra Investment Management LLC purchased a new position in Vanguard Financials ETF in the 4th quarter worth approximately $35,000. Finally, Heck Capital Advisors LLC acquired a new stake in Vanguard Financials ETF in the fourth quarter valued at approximately $45,000.

Vanguard Financials ETF Trading Up 1.9 %

NYSEARCA VFH opened at $121.33 on Tuesday. The company’s fifty day simple moving average is $122.71 and its 200-day simple moving average is $118.77. The stock has a market cap of $12.12 billion, a P/E ratio of 15.58 and a beta of 1.10. 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 declared a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th will be given a dividend of $0.5106 per share. The ex-dividend date of this dividend is Tuesday, March 25th. This is an increase 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).