Allianz SE Takes Position in Vanguard Financials ETF (NYSEARCA:VFH)

Allianz SE acquired a new stake in shares of Vanguard Financials ETF (NYSEARCA:VFH) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 183,416 shares of the company’s stock, valued at approximately $21,652,000. Allianz SE owned 0.20% of Vanguard Financials ETF as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in VFH. Transcend Capital Advisors LLC grew its position in 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 in the last quarter. Brown Brothers Harriman & Co. grew its holdings in shares of Vanguard Financials ETF by 45.0% during the third quarter. Brown Brothers Harriman & Co. now owns 290 shares of the company’s stock worth $32,000 after purchasing an additional 90 shares in the last quarter. Consolidated Portfolio Review Corp increased its position in shares of Vanguard Financials ETF by 1.0% in the fourth quarter. Consolidated Portfolio Review Corp now owns 10,287 shares of the company’s stock worth $1,215,000 after purchasing an additional 104 shares during the last quarter. Lewis Asset Management LLC raised its stake in Vanguard Financials ETF by 2.2% in the fourth quarter. Lewis Asset Management LLC now owns 4,871 shares of the company’s stock valued at $575,000 after purchasing an additional 105 shares in the last quarter. Finally, Strategic Blueprint LLC lifted its position in Vanguard Financials ETF by 1.8% during the fourth quarter. Strategic Blueprint LLC now owns 5,911 shares of the company’s stock valued at $698,000 after purchasing an additional 107 shares during the last quarter.

Vanguard Financials ETF Stock Performance

Vanguard Financials ETF stock opened at $118.03 on Friday. Vanguard Financials ETF has a fifty-two week low of $95.67 and a fifty-two week high of $127.67. The firm’s fifty day moving average price is $122.66 and its 200-day moving average price is $118.96. The stock 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 company also recently declared 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. The ex-dividend date of this dividend was Tuesday, March 25th. This is a positive change 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).