KCM Investment Advisors LLC Grows Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

KCM Investment Advisors LLC lifted its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 1.2% during the 4th quarter, HoldingsChannel reports. The fund owned 36,148 shares of the company’s stock after purchasing an additional 412 shares during the period. KCM Investment Advisors LLC’s holdings in Vanguard Utilities ETF were worth $5,907,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. The Manufacturers Life Insurance Company acquired a new stake in Vanguard Utilities ETF in the third quarter valued at approximately $623,000. FMR LLC grew its stake in Vanguard Utilities ETF by 28.3% in the 3rd quarter. FMR LLC now owns 7,679 shares of the company’s stock valued at $1,336,000 after acquiring an additional 1,695 shares during the period. BNP Paribas Financial Markets increased its holdings in Vanguard Utilities ETF by 6,687.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,837 shares of the company’s stock worth $1,016,000 after acquiring an additional 5,751 shares in the last quarter. Glenmede Trust Co. NA raised its position in Vanguard Utilities ETF by 11.1% during the third quarter. Glenmede Trust Co. NA now owns 1,518 shares of the company’s stock worth $264,000 after acquiring an additional 152 shares during the period. Finally, Hilltop Holdings Inc. purchased a new position in Vanguard Utilities ETF during the third quarter valued at $337,000.

Vanguard Utilities ETF Stock Down 5.5 %

VPU stock opened at $161.70 on Friday. Vanguard Utilities ETF has a 52 week low of $135.67 and a 52 week high of $180.04. The firm has a 50-day simple moving average of $169.64 and a 200-day simple moving average of $170.15. The stock has a market capitalization of $9.44 billion, a P/E ratio of 19.97 and a beta of 0.57.

Vanguard Utilities ETF Cuts Dividend

The company 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 of this dividend was Tuesday, March 25th.

About Vanguard Utilities ETF

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).