TIAA Trust National Association Has $742,000 Stake in Vanguard Utilities ETF (NYSEARCA:VPU)

TIAA Trust National Association lowered its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 27.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Maltin Wealth Management Inc. boosted its position 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 valued at $694,000 after buying an additional 61 shares in the last quarter. Tortoise Investment Management LLC boosted its holdings in shares of Vanguard Utilities ETF by 5.4% during the 4th quarter. Tortoise Investment Management LLC now owns 1,373 shares of the company’s stock valued at $224,000 after acquiring an additional 70 shares in the last quarter. EP Wealth Advisors LLC grew its position in Vanguard Utilities ETF by 1.0% during the 3rd quarter. EP Wealth Advisors LLC now owns 6,912 shares of the company’s stock worth $1,203,000 after acquiring an additional 71 shares during the last quarter. Axxcess Wealth Management LLC increased its holdings 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 in the last quarter. Finally, Tilia Fiduciary Partners Inc. raised its position 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 valued at $465,000 after purchasing an additional 84 shares during the last quarter.

Vanguard Utilities ETF Trading Down 0.0 %

Shares of VPU stock opened at $167.76 on Friday. The firm has a market capitalization of $9.79 billion, a price-to-earnings ratio of 20.64 and a beta of 0.61. The business’s 50-day moving average price is $169.78 and its 200-day moving average price is $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 firm also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a dividend of $1.2275 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

Vanguard Utilities ETF Company 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).