Visionary Asset Management Inc. cut its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 89.4% during the 4th quarter, HoldingsChannel reports. The fund owned 7,104 shares of the company’s stock after selling 59,643 shares during the period. Visionary Asset Management Inc.’s holdings in Vanguard Financials ETF were worth $422,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of VFH. Matthew Goff Investment Advisor LLC raised its holdings in Vanguard Financials ETF by 10,062.0% in the third quarter. Matthew Goff Investment Advisor LLC now owns 2,398,435 shares of the company’s stock valued at $23,602,000 after acquiring an additional 2,374,833 shares in the last quarter. CHURCHILL MANAGEMENT Corp raised its holdings in shares of Vanguard Financials ETF by 6.4% during the third quarter. CHURCHILL MANAGEMENT Corp now owns 3,353,307 shares of the company’s stock worth $232,619,000 after purchasing an additional 200,689 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Vanguard Financials ETF by 11.1% during the third quarter. Wells Fargo & Company MN now owns 1,760,220 shares of the company’s stock worth $122,107,000 after purchasing an additional 175,154 shares during the period. CX Institutional acquired a new stake in shares of Vanguard Financials ETF during the third quarter worth $4,956,000. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of Vanguard Financials ETF by 94.2% during the third quarter. The Manufacturers Life Insurance Company now owns 107,662 shares of the company’s stock worth $7,469,000 after purchasing an additional 52,225 shares during the period.

Shares of NYSEARCA:VFH traded up $0.03 on Friday, reaching $61.37. 17,161 shares of the company’s stock were exchanged, compared to its average volume of 628,874. Vanguard Financials ETF has a fifty-two week low of $55.16 and a fifty-two week high of $75.48.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 18th. Shareholders of record on Friday, December 14th were issued a dividend of $0.4025 per share. This represents a $1.61 dividend on an annualized basis and a dividend yield of 2.62%. This is a boost from Vanguard Financials ETF’s previous quarterly dividend of $0.35. The ex-dividend date was Thursday, December 13th.

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Vanguard Financials ETF 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).

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Want to see what other hedge funds are holding VFH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Financials ETF (NYSEARCA:VFH).

Institutional Ownership by Quarter for Vanguard Financials ETF (NYSEARCA:VFH)

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