Nomura Asset Management Co. Ltd. Makes New Investment in Vanguard Financials ETF (NYSEARCA:VFH)

Nomura Asset Management Co. Ltd. purchased a new stake in Vanguard Financials ETF (NYSEARCA:VFH) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 18,100 shares of the company’s stock, valued at approximately $2,137,000.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Comprehensive Financial Planning Inc. PA acquired a new stake in Vanguard Financials ETF in the 4th quarter valued at $26,000. Abound Wealth Management increased its position 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 acquiring an additional 186 shares during the last quarter. Kestra Investment Management LLC bought a new stake in Vanguard Financials ETF during the fourth quarter worth about $35,000. Heck Capital Advisors LLC acquired a new position in Vanguard Financials ETF during the fourth quarter valued at approximately $45,000. Finally, Duncker Streett & Co. Inc. bought a new position in Vanguard Financials ETF in the fourth quarter valued at approximately $46,000.

Vanguard Financials ETF Stock Up 1.0 %

Shares of Vanguard Financials ETF stock opened at $120.56 on Thursday. The stock has a market cap of $12.15 billion, a P/E ratio of 16.30 and a beta of 1.10. Vanguard Financials ETF has a 12-month low of $95.67 and a 12-month high of $127.67. The business’s 50 day moving average is $122.44 and its 200-day moving average is $119.30.

Vanguard Financials ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, March 27th. Shareholders 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.

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).