Ausdal Financial Partners Inc. Purchases New Position in Vanguard Financials ETF (NYSEARCA:VFH)

Ausdal Financial Partners Inc. acquired a new position in Vanguard Financials ETF (NYSEARCA:VFH) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,567 shares of the company’s stock, valued at approximately $303,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Comprehensive Financial Planning Inc. PA acquired a new position in Vanguard Financials ETF in the 4th quarter worth about $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 buying an additional 186 shares in the last quarter. Brown Brothers Harriman & Co. raised its stake 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 worth $32,000 after buying an additional 90 shares during the period. Kestra Investment Management LLC purchased a new position in shares of Vanguard Financials ETF during the 4th quarter valued at approximately $35,000. Finally, Heck Capital Advisors LLC purchased a new position in shares of Vanguard Financials ETF during the 4th quarter valued at approximately $45,000.

Vanguard Financials ETF Stock Performance

Shares of NYSEARCA VFH opened at $118.03 on Friday. The firm has a fifty day moving average of $122.66 and a 200 day moving average of $118.96. The firm has a market cap of $11.79 billion, a PE ratio of 15.58 and a beta of 1.10. Vanguard Financials ETF has a one year low of $95.67 and a one year high of $127.67.

Vanguard Financials ETF Increases Dividend

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

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).