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

Trek Financial LLC bought a new position in Vanguard Financials ETF (NYSEARCA:VFH) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 45,755 shares of the company’s stock, valued at approximately $5,402,000.

Other hedge funds have also added to or reduced their stakes in the company. Hilltop Holdings Inc. bought a new stake in Vanguard Financials ETF during the third quarter valued at approximately $419,000. HighTower Advisors LLC raised its holdings in Vanguard Financials ETF by 4.0% in the 3rd quarter. HighTower Advisors LLC now owns 114,910 shares of the company’s stock worth $12,632,000 after purchasing an additional 4,463 shares during the period. Quantinno Capital Management LP raised its holdings in Vanguard Financials ETF by 275.2% in the 3rd quarter. Quantinno Capital Management LP now owns 9,651 shares of the company’s stock worth $1,061,000 after purchasing an additional 7,079 shares during the period. Stifel Financial Corp lifted its position in Vanguard Financials ETF by 2.0% during the third quarter. Stifel Financial Corp now owns 433,070 shares of the company’s stock valued at $47,599,000 after purchasing an additional 8,462 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC grew its holdings in Vanguard Financials ETF by 23.5% during the third quarter. Kovitz Investment Group Partners LLC now owns 4,220 shares of the company’s stock valued at $464,000 after purchasing an additional 803 shares during the period.

Vanguard Financials ETF Stock Down 7.1 %

VFH stock opened at $105.71 on Friday. The business’s 50-day moving average price is $121.86 and its 200-day moving average price is $119.30. The stock has a market cap of $10.66 billion, a P/E ratio of 16.30 and a beta of 1.10. Vanguard Financials ETF has a twelve month low of $95.67 and a twelve month high of $127.67.

Vanguard Financials ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.5106 dividend. The ex-dividend date of this dividend 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).