Advisory Services Network LLC Grows Stake in Vanguard Utilities ETF (NYSEARCA:VPU)

Advisory Services Network LLC boosted its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 15.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,775 shares of the company’s stock after purchasing an additional 3,127 shares during the period. Advisory Services Network LLC’s holdings in Vanguard Utilities ETF were worth $3,722,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Maltin Wealth Management Inc. raised its holdings in Vanguard Utilities ETF by 1.5% in the 4th quarter. Maltin Wealth Management Inc. now owns 4,248 shares of the company’s stock valued at $694,000 after acquiring an additional 61 shares during the last quarter. Atlas Capital Advisors Inc. raised its position in Vanguard Utilities ETF by 1.8% in the fourth quarter. Atlas Capital Advisors Inc. now owns 3,652 shares of the company’s stock valued at $597,000 after purchasing an additional 64 shares during the period. Tortoise Investment Management LLC raised its position in Vanguard Utilities ETF by 5.4% in the fourth 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 during the period. Axxcess Wealth Management LLC raised its holdings in shares of Vanguard Utilities ETF by 6.0% in the 4th quarter. Axxcess Wealth Management LLC now owns 1,313 shares of the company’s stock valued at $215,000 after buying an additional 74 shares during the period. Finally, Tilia Fiduciary Partners Inc. raised its holdings in shares of Vanguard Utilities ETF by 3.0% in the 4th quarter. Tilia Fiduciary Partners Inc. now owns 2,847 shares of the company’s stock valued at $465,000 after buying an additional 84 shares during the period.

Vanguard Utilities ETF Price Performance

Shares of NYSEARCA VPU opened at $164.49 on Thursday. The stock’s 50-day moving average is $169.03 and its two-hundred day moving average is $169.79. The company has a market cap of $9.60 billion, a price-to-earnings ratio of 19.97 and a beta of 0.57. Vanguard Utilities ETF has a 1-year low of $135.67 and a 1-year high of $180.04.

Vanguard Utilities ETF Cuts 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 $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).