Summit Financial LLC Buys 270 Shares of Vanguard Utilities ETF (NYSEARCA:VPU)

Summit Financial LLC grew its stake in Vanguard Utilities ETF (NYSEARCA:VPUFree Report) by 3.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,469 shares of the company’s stock after purchasing an additional 270 shares during the period. Summit Financial LLC’s holdings in Vanguard Utilities ETF were worth $1,221,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. O Shaughnessy Asset Management LLC lifted its position in Vanguard Utilities ETF by 74.3% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 516 shares of the company’s stock worth $84,000 after buying an additional 220 shares during the last quarter. Brown Brothers Harriman & Co. bought a new stake in shares of Vanguard Utilities ETF in the 4th quarter worth about $36,000. Nomura Asset Management Co. Ltd. lifted its holdings in shares of Vanguard Utilities ETF by 300.0% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 400 shares of the company’s stock worth $65,000 after acquiring an additional 300 shares during the last quarter. Blair William & Co. IL boosted its stake in shares of Vanguard Utilities ETF by 41.0% during the 4th quarter. Blair William & Co. IL now owns 34,043 shares of the company’s stock worth $5,563,000 after purchasing an additional 9,893 shares during the period. Finally, Howe & Rusling Inc. grew its holdings in Vanguard Utilities ETF by 39.4% during the 4th quarter. Howe & Rusling Inc. now owns 432 shares of the company’s stock valued at $71,000 after purchasing an additional 122 shares during the last quarter.

Vanguard Utilities ETF Price Performance

Vanguard Utilities ETF stock opened at $171.33 on Wednesday. Vanguard Utilities ETF has a 1-year low of $135.67 and a 1-year high of $180.04. The company’s 50-day moving average is $169.75 and its 200 day moving average is $170.19. The firm has a market capitalization of $10.00 billion, a P/E ratio of 19.97 and a beta of 0.57.

Vanguard Utilities ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Investors 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

(Free Report)

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).

See Also

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Institutional Ownership by Quarter for Vanguard Utilities ETF (NYSEARCA:VPU)

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