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

Congress Wealth Management LLC DE cut its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 1.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 47,481 shares of the company’s stock after selling 593 shares during the period. Congress Wealth Management LLC DE owned 0.05% of Vanguard Financials ETF worth $5,606,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in Vanguard Financials ETF during the 4th quarter valued at $130,549,000. JPMorgan Chase & Co. increased its position in shares of Vanguard Financials ETF by 4.7% during the third quarter. JPMorgan Chase & Co. now owns 924,677 shares of the company’s stock valued at $101,631,000 after purchasing an additional 41,153 shares during the period. LPL Financial LLC increased its holdings in Vanguard Financials ETF by 15.0% in the 4th quarter. LPL Financial LLC now owns 758,255 shares of the company’s stock valued at $89,527,000 after buying an additional 99,117 shares during the period. Advisors Preferred LLC increased its stake in Vanguard Financials ETF by 48.0% in the fourth quarter. Advisors Preferred LLC now owns 446,507 shares of the company’s stock valued at $52,612,000 after acquiring an additional 144,912 shares during the period. Finally, Synovus Financial Corp grew its stake in shares of Vanguard Financials ETF by 97.8% in the 3rd quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock valued at $48,714,000 after purchasing an additional 219,120 shares during the period.

Vanguard Financials ETF Price Performance

Vanguard Financials ETF stock opened at $121.44 on Wednesday. The firm has a market capitalization of $12.13 billion, a P/E ratio of 15.58 and a beta of 1.10. The stock has a fifty day moving average price of $122.78 and a two-hundred day moving average price of $118.87. 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 firm also recently declared a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be issued a $0.5106 dividend. This is a boost from Vanguard Financials ETF’s previous dividend of $0.46. The ex-dividend date is 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).