Financial Counselors Inc. Takes Position in Vanguard Financials ETF (NYSEARCA:VFH)

Financial Counselors Inc. acquired a new position in shares of Vanguard Financials ETF (NYSEARCA:VFH) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,118 shares of the company’s stock, valued at approximately $250,000.

Several other large investors have also recently added to or reduced their stakes in VFH. JPMorgan Chase & Co. grew its holdings in shares of 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 last quarter. Kingsview Wealth Management LLC bought a new position in Vanguard Financials ETF during the 4th quarter worth $209,000. PNC Financial Services Group Inc. increased its position in Vanguard Financials ETF by 3.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 237,861 shares of the company’s stock worth $28,084,000 after buying an additional 7,186 shares during the period. Empowered Funds LLC acquired a new stake in Vanguard Financials ETF in the fourth quarter worth $154,000. Finally, Keybank National Association OH lifted its stake in Vanguard Financials ETF by 35.5% in the fourth quarter. Keybank National Association OH now owns 4,121 shares of the company’s stock valued at $487,000 after buying an additional 1,079 shares during the last quarter.

Vanguard Financials ETF Stock Performance

Vanguard Financials ETF stock opened at $118.03 on Friday. Vanguard Financials ETF has a one year low of $95.67 and a one year high of $127.67. The company has a 50-day simple moving average of $122.66 and a 200-day simple moving average of $119.04. The firm has a market capitalization of $11.79 billion, a P/E ratio of 15.58 and a beta of 1.10.

Vanguard Financials ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a $0.5106 dividend. This is a boost from Vanguard Financials ETF’s previous dividend of $0.46. The ex-dividend date was Tuesday, March 25th.

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).