TIAA Trust National Association Sells 1,721 Shares of Vanguard Utilities ETF (NYSEARCA:VPU)

TIAA Trust National Association lowered its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 27.5% in the 4th quarter, HoldingsChannel reports. The firm owned 4,541 shares of the company’s stock after selling 1,721 shares during the quarter. TIAA Trust National Association’s holdings in Vanguard Utilities ETF were worth $742,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Maltin Wealth Management Inc. boosted its stake in Vanguard Utilities ETF by 1.5% in the fourth quarter. Maltin Wealth Management Inc. now owns 4,248 shares of the company’s stock worth $694,000 after buying an additional 61 shares in the last quarter. Tortoise Investment Management LLC boosted its stake in shares of Vanguard Utilities ETF by 5.4% in the 4th quarter. Tortoise Investment Management LLC now owns 1,373 shares of the company’s stock valued at $224,000 after purchasing an additional 70 shares in the last quarter. EP Wealth Advisors LLC grew its holdings in shares of Vanguard Utilities ETF by 1.0% during the 3rd quarter. EP Wealth Advisors LLC now owns 6,912 shares of the company’s stock valued at $1,203,000 after purchasing an additional 71 shares during the last quarter. Axxcess Wealth Management LLC raised its position in Vanguard Utilities ETF by 6.0% in the 4th quarter. Axxcess Wealth Management LLC now owns 1,313 shares of the company’s stock worth $215,000 after purchasing an additional 74 shares during the period. Finally, Tilia Fiduciary Partners Inc. lifted its stake in Vanguard Utilities ETF by 3.0% in the fourth quarter. Tilia Fiduciary Partners Inc. now owns 2,847 shares of the company’s stock worth $465,000 after purchasing an additional 84 shares during the last quarter.

Vanguard Utilities ETF Stock Down 0.0 %

NYSEARCA VPU opened at $167.76 on Friday. The firm has a market cap of $9.79 billion, a price-to-earnings ratio of 20.64 and a beta of 0.61. The company has a 50-day simple moving average of $169.78 and a two-hundred day simple moving average of $170.08. Vanguard Utilities ETF has a 12-month low of $135.67 and a 12-month high of $180.04.

Vanguard Utilities ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a dividend of $1.2275 per share. The ex-dividend date was Tuesday, March 25th.

Vanguard Utilities ETF Profile

Vanguard Utilities ETF (the Fund) is an exchange-traded class of shares issued by Vanguard Utilities Index Fund. The Fund tracks the performance of Morgan Stanley Capital International United States Investable Market Utilities Index, an index made up of stocks of large, medium-size and small United States companies in the utilities sector, as classified under the Global Industry Classification Standard (GICS).