Charles Schwab Investment Management Inc. Has $935,000 Position in Vanguard Financials ETF (NYSEARCA:VFH)

Charles Schwab Investment Management Inc. lessened its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 18.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,923 shares of the company’s stock after selling 1,776 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Vanguard Financials ETF were worth $935,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in Vanguard Financials ETF by 4.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 924,677 shares of the company’s stock valued at $101,631,000 after buying an additional 41,153 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. Synovus Financial Corp raised its position in Vanguard Financials ETF by 97.8% in the third quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock worth $48,714,000 after purchasing an additional 219,120 shares in the last quarter. Stifel Financial Corp lifted its stake in Vanguard Financials ETF by 2.0% during the third quarter. Stifel Financial Corp now owns 433,070 shares of the company’s stock worth $47,599,000 after purchasing an additional 8,462 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in Vanguard Financials ETF by 3.9% during the third quarter. Rockefeller Capital Management L.P. now owns 196,692 shares of the company’s stock valued at $21,611,000 after purchasing an additional 7,375 shares in the last quarter.

Vanguard Financials ETF Trading Down 2.1 %

VFH stock opened at $118.03 on Monday. Vanguard Financials ETF has a 1-year low of $95.67 and a 1-year high of $127.67. The business’s 50 day moving average is $122.66 and its 200-day moving average is $119.13. The firm has a market cap of $11.79 billion, a P/E ratio of 15.58 and a beta of 1.10.

Vanguard Financials ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid 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 was 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).