Vanguard Financials ETF (NYSEARCA:VFH) Shares Sold by KCM Investment Advisors LLC

KCM Investment Advisors LLC lessened its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 4.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 342,212 shares of the company’s stock after selling 16,786 shares during the quarter. Vanguard Financials ETF comprises approximately 1.4% of KCM Investment Advisors LLC’s holdings, making the stock its 20th largest position. KCM Investment Advisors LLC owned approximately 0.37% of Vanguard Financials ETF worth $40,405,000 as of its most recent SEC filing.

Other institutional investors and hedge funds 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 boosted 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 acquiring an additional 219,120 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Vanguard Financials ETF by 15.8% during the fourth quarter. Wells Fargo & Company MN now owns 1,582,629 shares of the company’s stock valued at $186,861,000 after acquiring an additional 216,103 shares during the period. Wealthfront Advisers LLC raised its holdings in Vanguard Financials ETF by 2,906.6% during the fourth quarter. Wealthfront Advisers LLC now owns 218,700 shares of the company’s stock worth $25,822,000 after purchasing an additional 211,426 shares in the last quarter. Finally, Allianz SE acquired a new stake in Vanguard Financials ETF in the fourth quarter worth approximately $21,652,000.

Vanguard Financials ETF Stock Performance

Shares of VFH stock 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 business’s fifty day moving average is $121.86 and its 200-day moving average is $119.24. The stock has a market cap of $10.66 billion, a PE ratio of 16.30 and a beta of 1.10.

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 issued a dividend of $0.5106 per share. This is a positive change 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).