Congress Wealth Management LLC DE Sells 593 Shares of Vanguard Financials ETF (NYSEARCA:VFH)

Congress Wealth Management LLC DE trimmed its position in Vanguard Financials ETF (NYSEARCA:VFH) by 1.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 47,481 shares of the company’s stock after selling 593 shares during the quarter. Congress Wealth Management LLC DE’s holdings in Vanguard Financials ETF were worth $5,606,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in VFH. Transcend Capital Advisors LLC raised its stake in shares of Vanguard Financials ETF by 0.5% during the fourth quarter. Transcend Capital Advisors LLC now owns 18,148 shares of the company’s stock worth $2,143,000 after buying an additional 86 shares during the last quarter. Brown Brothers Harriman & Co. raised its position in shares of Vanguard Financials ETF by 45.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock valued at $32,000 after acquiring an additional 90 shares during the last quarter. Consolidated Portfolio Review Corp lifted its stake in shares of Vanguard Financials ETF by 1.0% in the 4th quarter. Consolidated Portfolio Review Corp now owns 10,287 shares of the company’s stock valued at $1,215,000 after purchasing an additional 104 shares during the period. Lewis Asset Management LLC boosted its position in shares of Vanguard Financials ETF by 2.2% in the 4th quarter. Lewis Asset Management LLC now owns 4,871 shares of the company’s stock worth $575,000 after purchasing an additional 105 shares during the last quarter. Finally, Strategic Blueprint LLC grew its stake in shares of Vanguard Financials ETF by 1.8% during the fourth quarter. Strategic Blueprint LLC now owns 5,911 shares of the company’s stock worth $698,000 after purchasing an additional 107 shares during the period.

Vanguard Financials ETF Trading Up 0.1 %

NYSEARCA VFH opened at $121.44 on Wednesday. Vanguard Financials ETF has a 12 month low of $95.67 and a 12 month high of $127.67. The stock has a 50-day simple moving average of $122.78 and a 200 day simple moving average of $118.87. The company has a market capitalization of $12.13 billion, a PE ratio of 15.58 and a beta of 1.10.

Vanguard Financials ETF Increases Dividend

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

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).