Financial Engines Advisors L.L.C. Sells 589 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Financial Engines Advisors L.L.C. lowered its stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 8.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,574 shares of the company’s stock after selling 589 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in Vanguard Financials ETF were worth $776,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VFH. Comprehensive Financial Planning Inc. PA bought a new position in shares of Vanguard Financials ETF in the fourth quarter worth $26,000. Abound Wealth Management grew its stake in Vanguard Financials ETF by 379.6% during the fourth quarter. Abound Wealth Management now owns 235 shares of the company’s stock worth $28,000 after buying an additional 186 shares in the last quarter. Brown Brothers Harriman & Co. increased its holdings in Vanguard Financials ETF by 45.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock valued at $32,000 after buying an additional 90 shares during the period. Kestra Investment Management LLC acquired a new position in shares of Vanguard Financials ETF in the 4th quarter valued at approximately $35,000. Finally, Heck Capital Advisors LLC bought a new stake in shares of Vanguard Financials ETF during the 4th quarter worth approximately $45,000.

Vanguard Financials ETF Trading Down 0.3 %

NYSEARCA VFH opened at $120.51 on Friday. Vanguard Financials ETF has a 1 year low of $95.67 and a 1 year high of $127.67. The firm has a market capitalization of $12.04 billion, a price-to-earnings ratio of 15.58 and a beta of 1.10. The firm’s 50 day simple moving average is $122.75 and its 200 day simple moving average is $118.89.

Vanguard Financials ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a $0.5106 dividend. The ex-dividend date was Tuesday, March 25th. This is an increase 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).