Anchor Investment Management LLC Lowers Holdings in Vanguard Financials ETF (NYSEARCA:VFH)

Anchor Investment Management LLC decreased its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 2.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,001 shares of the company’s stock after selling 893 shares during the period. Anchor Investment Management LLC’s holdings in Vanguard Financials ETF were worth $3,896,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Dagco Inc. lifted its holdings in Vanguard Financials ETF by 52.8% in the 4th quarter. Dagco Inc. now owns 5,950 shares of the company’s stock worth $703,000 after purchasing an additional 2,056 shares in the last quarter. CreativeOne Wealth LLC lifted its holdings in shares of Vanguard Financials ETF by 0.9% in the fourth quarter. CreativeOne Wealth LLC now owns 10,016 shares of the company’s stock worth $1,183,000 after buying an additional 93 shares in the last quarter. Mariner LLC boosted its position in shares of Vanguard Financials ETF by 2.7% during the fourth quarter. Mariner LLC now owns 120,842 shares of the company’s stock worth $14,268,000 after acquiring an additional 3,186 shares during the last quarter. Barclays PLC grew its stake in Vanguard Financials ETF by 88.2% during the fourth quarter. Barclays PLC now owns 185,101 shares of the company’s stock valued at $21,854,000 after acquiring an additional 86,751 shares in the last quarter. Finally, O ROURKE & COMPANY Inc increased its holdings in Vanguard Financials ETF by 4.0% in the 4th quarter. O ROURKE & COMPANY Inc now owns 20,701 shares of the company’s stock valued at $2,444,000 after acquiring an additional 803 shares during the last quarter.

Vanguard Financials ETF Stock Up 1.2 %

Shares of VFH stock opened at $112.53 on Tuesday. The stock has a market cap of $11.34 billion, a P/E ratio of 16.30 and a beta of 1.10. The company’s fifty day simple moving average is $119.24 and its two-hundred day simple moving average is $119.26. Vanguard Financials ETF has a 52 week low of $95.67 and a 52 week high of $127.67.

Vanguard Financials ETF Increases Dividend

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