TME Financial Inc. Buys New Stake in Vanguard Financials ETF (NYSEARCA:VFH)

TME Financial Inc. acquired a new position in shares of Vanguard Financials ETF (NYSEARCA:VFH) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,831 shares of the company’s stock, valued at approximately $201,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Orion Portfolio Solutions LLC raised its position in shares of Vanguard Financials ETF by 29.3% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 10,246 shares of the company’s stock valued at $1,126,000 after acquiring an additional 2,320 shares during the last quarter. Barclays PLC grew its stake in shares of Vanguard Financials ETF by 11,076.1% during the 3rd quarter. Barclays PLC now owns 98,350 shares of the company’s stock worth $10,810,000 after acquiring an additional 97,470 shares in the last quarter. Anchor Investment Management LLC increased its stake in Vanguard Financials ETF by 1.8% in the 3rd quarter. Anchor Investment Management LLC now owns 33,894 shares of the company’s stock valued at $3,725,000 after buying an additional 612 shares during the last quarter. World Investment Advisors LLC bought a new stake in shares of Vanguard Financials ETF during the 3rd quarter worth approximately $227,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Vanguard Financials ETF during the 3rd quarter worth about $1,238,000.

Vanguard Financials ETF Stock Performance

NYSEARCA VFH opened at $111.22 on Friday. The firm has a 50-day moving average of $119.52 and a 200-day moving average of $119.17. Vanguard Financials ETF has a 52-week low of $95.67 and a 52-week high of $127.67. The stock has a market cap of $11.21 billion, a PE ratio of 16.30 and a beta of 1.10.

Vanguard Financials ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.5106 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This is a positive change 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).