Florida Financial Advisors LLC Takes Position in Vanguard Financials ETF (NYSEARCA:VFH)

Florida Financial Advisors LLC acquired a new position in shares of Vanguard Financials ETF (NYSEARCA:VFH) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,956 shares of the company’s stock, valued at approximately $231,000.

Several other hedge funds have also recently added to or reduced their stakes in VFH. Comprehensive Financial Planning Inc. PA acquired a new stake in Vanguard Financials ETF in the 4th quarter worth $26,000. Abound Wealth Management lifted its stake in shares of Vanguard Financials ETF by 379.6% in the fourth 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. grew its position in Vanguard Financials ETF by 45.0% during the third quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock worth $32,000 after buying an additional 90 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in Vanguard Financials ETF during the fourth quarter worth about $35,000. Finally, Heck Capital Advisors LLC bought a new position in Vanguard Financials ETF during the fourth quarter valued at about $45,000.

Vanguard Financials ETF Trading Up 0.1 %

Shares of VFH stock opened at $121.44 on Wednesday. Vanguard Financials ETF has a 12 month low of $95.67 and a 12 month high of $127.67. The company has a market capitalization of $12.13 billion, a P/E ratio of 15.58 and a beta of 1.10. The stock has a 50 day moving average of $122.78 and a two-hundred day moving average of $118.87.

Vanguard Financials ETF Increases Dividend

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

About Vanguard Financials ETF

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).