Orion Portfolio Solutions LLC Has $1.10 Million Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Orion Portfolio Solutions LLC decreased its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 9.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,315 shares of the company’s stock after selling 931 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Vanguard Financials ETF were worth $1,100,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Vanguard Financials ETF during the 4th quarter valued at about $130,549,000. Synovus Financial Corp lifted its holdings in shares of Vanguard Financials ETF by 97.8% in the third quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock valued at $48,714,000 after purchasing an additional 219,120 shares in the last quarter. Wealthfront Advisers LLC boosted its position in shares of Vanguard Financials ETF by 2,906.6% during the fourth quarter. Wealthfront Advisers LLC now owns 218,700 shares of the company’s stock valued at $25,822,000 after buying an additional 211,426 shares during the last quarter. Advisors Preferred LLC grew its holdings 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 in the last quarter. Finally, EWG Elevate Inc. purchased a new stake in Vanguard Financials ETF in the 4th quarter valued at $12,919,000.

Vanguard Financials ETF Price Performance

VFH opened at $105.71 on Friday. Vanguard Financials ETF has a 1 year low of $95.67 and a 1 year high of $127.67. The company has a market capitalization of $10.66 billion, a price-to-earnings ratio of 16.30 and a beta of 1.10. The firm’s fifty day moving average price is $121.86 and its two-hundred day moving average price is $119.24.

Vanguard Financials ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a dividend of $0.5106 per share. The ex-dividend date was Tuesday, March 25th. This is a boost 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).